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Industrial output grows 6.2 per cent in Dec: CSO
New Delhi, Feb 12: India`s industrial production registered a healthy growth of 6.2 per cent in December and 6.3 per cent in April-December 2003, on the back of an over 6.5 per cent growth in manufacturing.
New Delhi, Feb 12: India's industrial production registered a
healthy growth of 6.2 per cent in December and 6.3 per cent in
April-December 2003, on the back of an over 6.5 per cent growth in manufacturing.
The corresponding growth rates in 2002 were 6.2 per cent
(December) and 5.5 per cent (April-December).
The growth rate of 6.2 per cent in December was, however, lower than the 7.4 per cent recorded in November 2003, Index of Industrial Production (IIP) data released today by the Central Statistical Organisation (CSO) showed.
Manufacturing grew 6.5 per cent in December 2003, against 6.6 per cent during the same month in 2002, while mining saw a growth rate of 4.1 per cent (down from 6.1 per cent) and electricity 4.9 per cent, up from 2.9 per cent.
During April-December, the three sectors recorded a growth rate of 6.8 per cent (manufacturing), 4 per cent (mining) and 3.4 per cent (electricity).
As many as 12 of the 17 two-digit industry groups showed positive growth in December.
The highest growth of 16.8 per cent was accounted for by machinery and equipment other than transport equipment, followed by 16 per cent in paper and paper products and printing, publishing and allied industries and 13.6 per cent in leather and leather and fur products. Negative growths were seen by jute and other vegetable fibre textiles, except cotton (11.3 per cent), wood and wood products, furniture and fixtures (8.7 per cent) and textile products, including wearing apparel (8.5 per cent).
As per use-based classification, the growth in December 2003 is 4.7 per cent in basic goods, 9.8 per cent in capital goods and 9.2 per cent in intermediate goods.
Consumer durables registered a growth of 10.8 per cent and consumer non-durables 1.9 per cent, while the overall growth in consumer goods was placed at 3.8 per cent.
Bureau Report
The growth rate of 6.2 per cent in December was, however, lower than the 7.4 per cent recorded in November 2003, Index of Industrial Production (IIP) data released today by the Central Statistical Organisation (CSO) showed.
Manufacturing grew 6.5 per cent in December 2003, against 6.6 per cent during the same month in 2002, while mining saw a growth rate of 4.1 per cent (down from 6.1 per cent) and electricity 4.9 per cent, up from 2.9 per cent.
During April-December, the three sectors recorded a growth rate of 6.8 per cent (manufacturing), 4 per cent (mining) and 3.4 per cent (electricity).
As many as 12 of the 17 two-digit industry groups showed positive growth in December.
The highest growth of 16.8 per cent was accounted for by machinery and equipment other than transport equipment, followed by 16 per cent in paper and paper products and printing, publishing and allied industries and 13.6 per cent in leather and leather and fur products. Negative growths were seen by jute and other vegetable fibre textiles, except cotton (11.3 per cent), wood and wood products, furniture and fixtures (8.7 per cent) and textile products, including wearing apparel (8.5 per cent).
As per use-based classification, the growth in December 2003 is 4.7 per cent in basic goods, 9.8 per cent in capital goods and 9.2 per cent in intermediate goods.
Consumer durables registered a growth of 10.8 per cent and consumer non-durables 1.9 per cent, while the overall growth in consumer goods was placed at 3.8 per cent.
Bureau Report