India's May industrial output grows by 5.1%


New Delhi, Jul 1 (IANS): The output of India's eight major industries rose by 5.1 per cent, official data showed on Tuesday.

The index of eight core industries was lower compared to April 2019 when it rose by 6.3 per cent, while on a year on year basis, it rose from 4.1 per cent in May 2018, the Commerce Ministry statement said on Monday.

The core sector index carries 40.27 per cent weight of the items included in the Index of Industrial Production (IIP), the ministry data showed.

The decline in growth rate compared to last month was on the back of negative growth of 1.5 per cent and 1 per cent in refinery products and fertilisers segments respectively.

Steel and electricity recorded strong growth of 19.9 per cent and 7.2 per cent respectively.

  

Top Stories


Leave a Comment

Title: India's May industrial output grows by 5.1%



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.