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Business EconomyPosted at: Dec 12 2018 6:33PM


Factory production grows by 8.1 pc in October 2018

New Delhi, Dec 12 (UNI) The industrial production in the country grew by 8.1 per cent and stood at 132.4 in October this year, the government data showed on Wednesday.
The cumulative growth for April-October 2018 over the corresponding period of the previous year stood at 5.6 per cent.
According to the Statistics and Programme Implementation Ministry here, the indices of industrial production (IIP) for the Mining, Manufacturing and Electricity sectors for the month of October 2018 grew by 7.0 per cent, 7.9 per cent and 10.8 per cent respectively.
In terms of industries, 20 one out of 23 industry groups in the manufacturing sector have shown positive growth during October 2018.
The ‘Manufacture of furniture’ has shown the highest positive growth of 41.0 per cent followed by 39.0 per cent in ‘Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’ and 30.2 per cent in ‘Manufacture of computer, electronic and optical products’.
On the other hand, the industry group ‘Manufacture of paper and paper products’ have shown the highest negative growth of (-) 1.8 per cent followed by (-) 1.7 per cent in ‘Manufacture of beverages’, the Ministry said.
As per Use-based classification, Primary goods sector grew by 6.0 per cent, capital goods by 16.8 per cent, Intermediate goods 1.8 per cent and Infrastructure/ Construction Goods by 8.7 per cent.
The Consumer durables and Consumer non-durables have recorded growth of 17.6 per cent and 7.9 per cent respectively.
UNI SW ADG 1832
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