ETV Bharat / business

Factory output contracts 3.6% in February

According to the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), manufacturing sector output declined by 3.7 per cent in February 2021.

iip
iip
author img

By

Published : Apr 12, 2021, 6:05 PM IST

Updated : Apr 12, 2021, 6:11 PM IST

New Delhi: India's industrial production contracted by 3.6 per cent in February, official data showed on Monday.

According to the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), manufacturing sector output declined by 3.7 per cent in February 2021.

Mining output slipped 5.5 per cent, while power generation grew by 0.1 per cent in February.

The IIP had grown by 5.2 per cent in February 2020.

During April-February, IIP contracted by 11.3 per cent compared to one per cent growth in the corresponding period of 2019-20.

Industrial production has been hit due to the COVID-19 pandemic since March last year when it contracted by 18.7 per cent.

(PTI)

Read More: Consumer inflation rises to 5.52% as food prices soar

New Delhi: India's industrial production contracted by 3.6 per cent in February, official data showed on Monday.

According to the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), manufacturing sector output declined by 3.7 per cent in February 2021.

Mining output slipped 5.5 per cent, while power generation grew by 0.1 per cent in February.

The IIP had grown by 5.2 per cent in February 2020.

During April-February, IIP contracted by 11.3 per cent compared to one per cent growth in the corresponding period of 2019-20.

Industrial production has been hit due to the COVID-19 pandemic since March last year when it contracted by 18.7 per cent.

(PTI)

Read More: Consumer inflation rises to 5.52% as food prices soar

Last Updated : Apr 12, 2021, 6:11 PM IST
ETV Bharat Logo

Copyright © 2024 Ushodaya Enterprises Pvt. Ltd., All Rights Reserved.