Industrial production up 11.9% in August

The manufacturing sector output grew 9.7% in August 2021, according to the Index of Industrial Production (IIP) data by the National Statistical Office (NSO).

India’s industrial output grew 11.9 per cent in August, according to official data released on Tuesday.

The manufacturing sector output grew 9.7% in August 2021, according to the Index of Industrial Production (IIP) data by the National Statistical Office (NSO).

In August, mining output climbed 23.6%, and electricity generation increased by 16%. IIP had contracted 7.1% in August 2020.

During April-August this year, IIP grew by 28.6% against a 25% contraction in the same period last year.

Industrial production has been hit since March last year due to the coronavirus pandemic, when it contracted by 18.7%.

It shrank 57.3% in April 2020 due to a decline in economic activity in the wake of the lockdown imposed to contain the spread of coronavirus infection.

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