Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
18 October, 2017 11:10 IST
Industrial production grows 4.3% in August'17
Source: IRIS | 12 Oct, 2017, 06.26PM
Comments  |  Post Comment

Industrial production, as represented by Index of Industrial Production (IIP) for the month of August 2017 stands at 121.5, which is 4.3 percent higher as compared to the level in the month of August 2016. The cumulative growth for the period April-August 2017 over the corresponding period of the previous year stands at 2.2 percent.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2017 stand at 92.7, 123.3 and 155.4 respectively, with the corresponding growth rates of 9.4 percent, 3.1 percent and 8.3 percent as compared to August 2016.

In terms of industries, ten out of the twenty three industry groups (as per 2-digit NIC-2008) in the manufacturing sector have shown positive growth during the month of August 2017 as compared to the corresponding month of the previous year.

As per Use-based classification, the growth rates in August 2017 over August 2016 are 7.1 percent in Primary goods, 5.4 percent in Capital goods,    (-) 0.2 percent in Intermediate goods and 2.5 percent in Infrastructure/ Construction Goods.

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Suven Life Sciences secures product patent in Singapore - 18-Oct-2017 10:42
Rajesh Bhosale on how to trade in Tata Motors-DVR, Syndicate Bank and LIC Housing Finance - 18-Oct-2017 10:37
Wipro quarterly profit climbs 6% - 18-Oct-2017 10:24
Sensex falls 92 points, Nifty trades at 10,203 - 18-Oct-2017 10:20
Sensex, Nifty end flat; Axis Bank, Tata Motors top losers - 17-Oct-2017 16:04
Bajaj Auto Q2 earnings fall marginally to Rs 11.93 bn - 17-Oct-2017 15:43
ACC Q3 profit soars 2.02 times to Rs 1.81 bn - 17-Oct-2017 15:15
Goodricke Group enters inks pact with Godfrey Phillips India - 17-Oct-2017 15:08
Nihar Info Global inks pact with Ibibo group - 17-Oct-2017 12:33
Mahindra Finance enters into agreements with IRPL, MIBL - 17-Oct-2017 11:43
Aurobindo Pharma gets nod for Esomeprazole capsules - 17-Oct-2017 11:38
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer