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Factory Output Growth Slows To 0.4% In December

Factory Output Growth Slows To 0.4% In December

NDTV
Friday, February 11, 2022 12:46:13 PM UTC

India's industrial production slowed to 0.4 per cent in December 2021, according to official data released on Friday. The Index of Industrial Production had grown by 2.2 per cent in December 2020.

India's industrial production slowed to 0.4 per cent in December 2021, according to official data released on Friday. The Index of Industrial Production had grown by 2.2 per cent in December 2020.

According to the IIP data by the National Statistical Office (NSO), the manufacturing sector's output contracted by 0.1 per cent in December 2021.

In December 2021, the mining output climbed 2.6 per cent, and power generation increased by 2.8 per cent.

During April-December this fiscal, the IIP grew 15.2 per cent against a 13.3 per cent contraction in the same period last year.

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