Industry output contracts 3.6% in February
Mining and manufacturing output declined 5.5 per cent and 3.3 per cent, respectively, in February, while power generation grew 0.1 per cent.
BusinessToday.In | April 12, 2021 | Updated 18:27 IST
Cumulatively, IIP contracted 11.3 per cent during April-February 2020-21 as against a 1 per cent growth during the same period in 2019-20.
India s industrial output, measured by the Index of Industrial Production (IIP), contracted 3.6 per cent in February, with mining and manufacturing registering a decline, while electricity output increased marginally.
Mining and manufacturing output declined 5.5 per cent and 3.3 per cent, respectively, in February, while power generation grew 0.1 per cent. For the month of February 2021, the quick estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 129.4. The indices of industrial production for the mining, manufacturing and electricity sectors for the month of February 2021 sta
Read more about Feb factory output shrinks 3.6% in sharpest contraction in six months on Business Standard. The cumulative decline during April-February (2020-21) was 11.3%, compared to a growth of 1% during the same period a year ago