Industrial output remains flat at 0.2% growth

Industrial output remains flat at 0.2% growth

Industrial production remained flat at 0.2% growth in September, despite higher output of mining and power generation sectors, official data showed on Thursday. Photo for representation only. File photo

New Delhi, November 12

Industrial production remained flat at 0.2% growth in September, despite higher output of mining and power generation sectors, official data showed on Thursday.

According to the Index of Industrial Production (IIP) data, manufacturing sector production registered a decline of 0.6%. The output of mining and power segments grew at 1.4% and 4.9%, respectively. The IIP had contracted by 4.6% in September 2019.

With the gradual relaxation of restrictions, there has been a relative improvement in the economic activities by varying degrees as well as in data reporting, the Ministry of Statistics and Programme Implementation said in a statement. — PTI

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