Industrial production shrinks by 0.1% in Aug; mining, power see decline
Top 3 positive contributors to IIP growth in August 2024 were intermediate goods, consumer durables and infra or construction goods
industrial production
October 2024
August 2024
April 2023
March 2023
October 2022
September 2022
June 2022
December 2021
India's industrial production slows to 4.2% in June
The mining sector was the only major area to experience an increase, rising to 10.3% from 6.6% earlier
Industrial output surges to 5.6% in Feb
With this, the mining output stood at 4.6%, whereas the manufacturing output stood at 5.3% in February. Power generation surged to 8.2% during the month under review.
India can become energy independent by 2047: U.S. study
Benefits include $2.5 tn in consumer savings, reducing fossil fuel import expenditure by 90%, enhancing industrial competitiveness globally, and enabling net-zero commitment, says Berkeley Lab report.
Retail inflation rises to 5-month high of 7.4% in Sept
Retail inflation rose in both rural and urban areas. India's factory output saw a contraction of 0.8% in August 2022.
IIP growth slows to 2.4% in July from 12.3% in June
The manufacturing sector grew 3.2% in July, power generation rose 2.3%, while mining output contracted 3.3% during the month under review, the NSO data showed.
Industrial output grows 7.1% in April
The quick estimates for the index of industrial output stood at 135.1 for April 2022, compared to 126.1 seen during the corresponding month of last year.
Industrial growth slips even as corporate profits soar to historic highs
The disconnect is stark because industrial production and capacity utilisation continue to be low for several years, indicating a structural economic slowdown.
