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Industrial Production Regains Momentum, Grows 3.1% In September

Industrial Production Regains Momentum, Grows 3.1% In September

NDTV
Saturday, November 12, 2022 01:32:39 PM UTC

Factory output had contracted by 0.7 per cent in the preceding month (August 2022). It grew by 2.2 per cent in July this year.

India's industrial production expanded by 3.1 per cent in September, boosted by manufacturing, mining and power sectors, according to official data released on Friday.

Factory output had contracted by 0.7 per cent in the preceding month (August 2022). It grew by 2.2 per cent in July this year.

Factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 4.4 per cent in September 2021.

The manufacturing sector grew by 1.8 per cent in September 2022, compared to 4.3 per cent growth recorded in the year-ago period, as per the data released by the Ministry of Statistics and Programme Implementation.

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