Indias factory output rises by 0.7% in September
The factory output, in the month of August stood at 175.3, which was 0.7% lower.
India's industrial output rose by 0.7% to 179.5 during the month of September as compared to the level in the month of September last year, said Ministry of Statistics & Programme Implementation.
The cumulative growth for the period April-September 2016 over the corresponding period of the previous year stands at (-) 0.1%.
In terms of industries, twelve out of the twenty two industry groups (as per 2-digit NIC-2004) in the manufacturing sector h ave shown positive growth during the month of September 2016 as compared to the corresponding month of the previous year .
The industry group ‘Other transport equipment’ has shown the highest positive growth of 12.8% followed by 11.1% in ‘Basic metals’ and 10.6% in ‘Radio, TV and communication equipment & apparatus’.
On the other hand, ‘Electrical machinery & apparatus n.e.c.’ has shown the highest negative growth of (-) 49.7% followed by (-) 28.0% in ‘Office, accounting and computing machinery’ and (-) 7.7% in ‘Luggage, handbags, saddlery, harness & footwear; tanning and dressing of leather products’.
The factory output, in the month of August stood at 175.3, which was 0.7% lower as compared to the level in the month of August 2015.
For the month of July, the factory output had declined by 2.4%, after two consecutive months of growth, i.e. in May and June. The General Index for July stood at 176.1. The cumulative growth for the period of April-July 2016 was over the corresponding period of the previous year stood at (-)0.2%.
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