India’s industrial growth shoots up 134.4% in April

The nationwide lockdown and other measures implemented to restrict the spread of COVID-19 from March-end led to most establishments not operating in April 2020 and consequently, there were many units that reported `Nil` production, affecting comparison of the indices for April 2020 and April 2021, the ministry said. 

New Delhi: India`s index of industrial production (IIP) rose a whopping 134.44 per cent year-on-year to 126.6 in April due to a very low base in the same month last year, as per the data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday.  "For April 2021, the quick estimates of IIP, with base 2011-12, stands at 126.6," the ministry said.IIP for the mining, manufacturing and electricity sectors for April stood at 108, 125.1 and 174, respectively.  As per Use-based classification, the indices for primary goods stood at 126.7; 82.4 for capital goods; 137.9 for intermediate goods; and 134.8 for infrastructure/construction goods. The indices for consumer durables and consumer non-durables stood at 112.4 and 142.3, respectively, for April 2021. Also Read: PM Modi to attend outreach session of G7 summit today