Factory output rises 1.7% in Feb 2022: Govt data

The factory output rose 1.7 percent in February, mainly on account of rise in the mining sector and power generation.

According to the government data released on Tuesday, the manufacturing sector recorded a growth of 0.8 percent.

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The Index of Industrial Production (IIP) had declined 3.2 percent in February 2021.

The cumulative growth in April-February 2021-22 worked out to be 12.5 percent. In the year-ago period, there was a contraction of 11.1 percent.

During the 11-month period, the manufacturing sector recorded a growth of 12.9 per cent whereas it was a decline of 12.5 percent in the year-ago period.