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India's Dec industrial production grows by 1%

By IANS | Published: February 12, 2021 7:28 PM

New Delhi, Feb 12 India's industrial activity accelerated in December with a rise of 1 per cent in ...

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New Delhi, Feb 12 India's industrial activity accelerated in December with a rise of 1 per cent in factory output on a year-on-year basis, official data showed on Friday.

As per the Quick Estimates of Index of Industrial Production (IIP), the factory output grew by 1 per cent in December 2020 from a contraction of (-) 2.09 per cent in November and rose to 0.4 per cent during the corresponding month of the previous year.

Among major segments, manufacturing production grew by 1.6 per cent from (-) 0.3 per cent reported for the corresponding month of 2019.

Similarly, electricity generation grew by 5.1 per cent from (-) 0.1 per cent during December 2019.

However, mining output de-grew by (-) 4.8 per cent on a YoY basis from 5.7 per cent in the corresponding month of the previous year.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaNew DelhiIIPThe new delhi municipal councilDelhi south-westIndiUk-indiaRepublic of india
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