Industrial production grows 16.7 per cent in January | business | Hindustan Times
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Industrial production grows 16.7 per cent in January

business Updated: Mar 12, 2010 14:45 IST

India's industrial production rose 16.7 per cent in January from one per cent a year earlier, official data showed on Friday.

The output was a better-than-expected 16.8 per cent in December 2009. In January 2009, the figure stood at just 1 per cent.

The index of industrial production (IIP), which measures the country's factory output, stood at 9.6 per cent during the first 10 months (April-January 2009-10) this fiscal as against 3.3 per cent in the like period of 2009, data released by the Central Statistical Organisation showed.

The December industrial output was revised up to 17.6 per cent from 16.8 per cent record growth.

Manufacturing, the major constituent of the index, was up 17.9 per cent in January, from 1 per cent a year earlier. Mining generation grew 14.6 per cent from 0.7 per cent during the like period last year. Power output went up 5.6 per cent in the period under review.

The consumer durables sector expanded 31.6 per cent, the data showed.