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Industrial production grows by 1 pc in December

According to the Index of Industrial Production (IIP) data, the manufacturing sector output grew by 1.6 per cent in December 2020. Mining output declined by 4.8 per cent, while power generation grew 5.1 per cent in December 2020.

Published on: Feb 12, 2021, 18:00:46 IST
PTI | New Delhi
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India's industrial production grew by 1 per cent in December, official data showed on Friday.

The IIP had grown by 0.4 per cent in December 2019. (Reuters/ File photo)
The IIP had grown by 0.4 per cent in December 2019. (Reuters/ File photo)

According to the Index of Industrial Production (IIP) data, the manufacturing sector output grew by 1.6 per cent in December 2020.

Mining output declined by 4.8 per cent, while power generation grew 5.1 per cent in December 2020.

The IIP had grown by 0.4 per cent in December 2019.

Industrial production has been hit due to the Covid-19 pandemic since March last year when IIP contracted by 18.7 per cent in the month.

 
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
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