India’s Industrial Production Grows 11.5 Percent In July

India’s Industrial Production Grows 11.5 Percent In July

NEW DELHI, Sept 11 (NNN-PTI) – India’s factory activity growth, determined by Index of Industrial Production (IIP), witnessed a growth of 11.5 percent on a year-on-year basis for July, the government data showed yesterday.

“For the month of July, 2021, the quick estimates of IIP, with base 2011-12 stands at 131.4. The indices of industrial production for mining, manufacturing and electricity sectors, for the month of July 2021, stand at 104.6, 130.9 and 184.7 respectively,” read the data, issued by the federal ministry of statistics and programme implementation.

As per use-based classification, the indices stand at 128.5 for primary goods, 91.8 for capital goods, 143.1 for intermediate goods and 143.5 for infrastructure/construction goods, for the month of July, 2021.

Further, the indices for consumer durables and consumer non-durables stand at 119.5 and 146.6 respectively, for the month of July, 2021, according to the data.

IIP witnessed a growth of 13.6 percent on a year-on-year basis for June.– NNN-PTI

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