labels: industry - general, economy - general
Growth in industrial production rises 12.4 per cent in July 2006 news
12 September 2006

Mumbai: Industrial production in India shot up by 12.4 per cent in July 2006 as against 4.7 per cent in the same month last year.

During the first four months of the financial year (April-July 2006-07), the growth, measured by the index of industrial production (IIP), stood at 10.6 per cent compared to 8.9 per cent in the corresponding period of 2005-06.

Riding on a whopping rise in manufacturing output, almost all sectors, including mining and electricity, witnessed substantial growth in July.

Production in the manufacturing sector grew by 11.8 per cent as against 9.9 per cent in the same period of the previous year. Electricity generation grew by 6.1 per cent against 5.5 per cent while mining output rose by four per cent against 2.7 per cent in the corresponding period last year

Electricity generation grew by 8.6 per cent against the decline of 0.9 per cent in July last year. Mining production rose by 6 per cent as against a fall of 1.9 per cent.


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Growth in industrial production rises 12.4 per cent in July 2006