Industrial output stays flat at 0.2% development

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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