New Delhi: The Index of Industrial Production (IIP) registered a 5.7-per cent growth during May 2003, compared to the corresponding year-on-year figure of 4.1 per cent for May 2002.

The manufacturing sector, which has a weight of 79.36 per cent in the general IIP, has recorded a 6.1-per cent growth rate during May 2003 (against 4 per cent in May 2002), with the indices for mining (10.47 per cent weight) and electricity (10.17 per cent weight) going up by 2.5 per cent (7.9 per cent) and 4.9 per cent (2.2 per cent), respectively.

The cumulative growth rate for industry as a whole during the first two months of the current fiscal works out to 5 per cent (compared to 4.1 per cent for April-May 2003). The corresponding figures amounted to 5.2 per cent (4 per cent) for manufacturing, 4.2 per cent (5.8 per cent) for mining and 3.4 per cent (3.7 per cent) for electricity.