ADVERTISEMENTREMOVE AD

India's May industrial output growth declines

India's May industrial output growth declines

Published
Hot News Text
1 min read
story-hero-img
Aa
Aa
Small
Aa
Medium
Aa
Large
Hindi Female
ADVERTISEMENTREMOVE AD
New Delhi, July 12 (IANS) India's industrial output in May grew at 3.2 per cent over the same month last year but declined as compared to rise of 4.9 per cent in April mainly on account of a decline in manufacturing, official data showed on Thursday.
The monthly Index of Industrial Production (IIP) is released by the Central Statistics Office (CSO).
"The industry group 'Manufacture of computer, electronic and optical products' has shown the highest positive growth of 27.0 per cent followed by 21.1 percent in 'Manufacture of motor vehicles, trailers and semi-trailers' and 13.2 percent in 'Manufacture of furniture'", the CSO said in a statement.
"On the other hand, the industry group 'Other manufacturing' has shown the highest negative growth of (-) 31.9 percent followed by (-) 15.6 percent in 'Manufacture of tobacco products' and (-) 12.8 percent in 'Manufacture of wearing apparel'", it added.
--IANS
bc/vm

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

0

Read Latest News and Breaking News at The Quint, browse for more from hotwire-text

Topics:  ians 

Speaking truth to power requires allies like you.
Become a Member
3 months
12 months
12 months
Check Member Benefits
Read More