The IIP growth rate in April 2023 was 4.6 percent.
India's industrial output growth slowed to 5 percent in April from 5.4 percent in March, data released by the Ministry of Statistics and Programme Implementation on June 12 showed.
The IIP growth rate in April 2023 was 4.6 percent.
Based on use-based classification, the top three positive contributors to the growth of IIP for the month of April 2024 are primary goods, infrastructure or construction goods and consumer durables.
The consumer non-durables witnessed a negative growth rate of 2.4 percent in April 2024 over April 2023.
The IIP growth rate in April 2023 was 4.6 percent.
India's industrial output growth slowed to 5 percent in April from 5.4 percent in March, data released by the Ministry of Statistics and Programme Implementation on June 12 showed.
The IIP growth rate in April 2023 was 4.6 percent.
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The growth rates of the three sectors mining, manufacturing and electricity for the month of April 2024 over April 2023 are 6.7 percent, 3.9 percent and 10.2 percent respectively. Within the manufacturing sector, the growth rate of the top three positive contributors to the growth of IIP for the month of April 2024 are – basic metals at 8.1 percent, coke and refined petroleum products at 4.9 percent and motor vehicles at 11.4 percent, as per the statement from the statistic's ministry.
Based on use-based classification, the top three positive contributors to the growth of IIP for the month of April 2024 are primary goods, infrastructure or construction goods and consumer durables. The growth rates of IIP in April 2024 over April 2023 are 7.0 percent in Primary goods, 3.1 percent in capital goods, 3.2 percent in intermediate goods, 8.0 percent in infrastructure or construction goods and 9.8 percent in consumer durables. The consumer non-durables witnessed a negative growth rate of 2.4 percent in April 2024 over April 2023.
