India’s industrial production index up 10.4 percent in August

Monday, 12 October 2009 17:37:43 (GMT+3)   |  
       

According to the statistics released by the Indian Ministry of Statistics and Programme Implementation, the country's industrial production index for August 2009 increased by 10.4 percent year on year. Meanwhile, the cumulative growth for the April-August period of the current Indian fiscal year was 5.8 percent higher compared to the corresponding period of the previous fiscal year.

In August, the indices of industrial production for the mining, manufacturing and electricity sectors in India rose by 12.9 percent, 10.2 percent and 10.6 percent respectively, as compared to August 2008. The cumulative yearly growth during April-August in the three sectors was 8.4 percent, 5.5 percent and 6.6 percent respectively over the corresponding period of last year, which moved the overall growth in the general index to 5.8 percent.

Meanwhile, in August, the index for India's basic metal and alloy industries rose by 8.5 percent year on year and was up 6.83 percent over July; meanwhile, the index for metal products and parts except machinery and equipment increased by 3.4 percent compared to August 2008, but was down 15.85 percent month on month.


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