Industrial production grows 11.7 per cent | business | Hindustan Times
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Industrial production grows 11.7 per cent

business Updated: Jan 12, 2010 14:40 IST

IANS
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Helped by sustained domestic demand, India's industrial production grew at a better-than-expected 11.7 per cent in November compared to 2.5 per cent in the corresponding month last year, as per official figures released on Tuesday.

Total growth of industrial production during the first eight months this fiscal stood at 7.6 per cent, as against 4.1 per cent during the like period last year, data released by the Central Statistical Organisation showed.

Manufacturing, the major constituent of the index, was up 12.7 per cent in November, as against 2.7 per cent in the like month last year, while mining and power generation grew 10 per cent and 3.3 per cent in the period under review.

The consumer durables sector expanded 37.3 per cent, the data showed.

"In terms of industries, as many as 14 out of the 17 industry groups have shown positive growth during the month of November 2009 as compared to the corresponding month of the previous year," the government said in a statement.