India

India’s industrial output rose by 5.6 pc in February 2023

The January IIP growth was revised to 5.2 per cent

New Delhi: India’s industrial output, which is measured by the index of industrial production (IIP), rose by 5.6 per cent in February, according to data released by the Ministry of Statistics and Programme Implementation on Wednesday.

Between April 2022 and February 2023, industrial output registered a growth of 5.5 per cent. The January IIP growth was revised to 5.2 per cent.

The official data showed that manufacturing sector’s output rose by 5.3 per cent in February 2023, while mining output rose 4.6 per cent, and power generation 8.2 per cent during the month under review.

During April 2022 and February 2023, manufacturing sector’s output rose by 4.9 per cent on year on year basis, while mining surged by 5.7 per cent and electricity 10 per cent.

This post was last modified on April 12, 2023 8:02 pm

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Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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