India's industrial output grows 4.5% in February
Indices of industrial production for mining, manufacturing and electricity production saw growth of 10 per cent, 3.2 per cent and 8.1 per cent, respectively.

- Apr 9, 2020,
- Updated Apr 9, 2020 7:14 PM IST
India's industrial output, measured in Index of Industrial Production (IIP), expanded 4.5 per cent during February, compared to 0.2 per cent recorded in the same period last year. This was the second consecutive month of improvement in factory output, led by growth in mining, manufacturing and electricity sector, which rose to 10 per cent, 3.2 per cent and 8.1 per cent, respectively. The industries output is likely to fell sharply in March as businesses faces a big economic challenge in the wake of Centre's 21-day lockdown announced in the view of coronavirus outbreak.
"The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of February 2020 stands at 133.3, which is 4.5 per cent higher as compared to the level in the month of February 2019," the data showed.
As per the data released by the Ministry of Statistics & Programme Implementation, the cumulative growth for April-February 2019-20 period stood at 0.9 per cent, over the corresponding period of the previous year.
During April-February 2019-20, the cumulative yearly growth for the mining, manufacturing and electricity sectors stood at 1.9 per cent, 0.6 per cent and 1.5 per cent, respectively.
India's industrial output, measured in Index of Industrial Production (IIP), expanded 4.5 per cent during February, compared to 0.2 per cent recorded in the same period last year. This was the second consecutive month of improvement in factory output, led by growth in mining, manufacturing and electricity sector, which rose to 10 per cent, 3.2 per cent and 8.1 per cent, respectively. The industries output is likely to fell sharply in March as businesses faces a big economic challenge in the wake of Centre's 21-day lockdown announced in the view of coronavirus outbreak.
"The Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 for the month of February 2020 stands at 133.3, which is 4.5 per cent higher as compared to the level in the month of February 2019," the data showed.
As per the data released by the Ministry of Statistics & Programme Implementation, the cumulative growth for April-February 2019-20 period stood at 0.9 per cent, over the corresponding period of the previous year.
During April-February 2019-20, the cumulative yearly growth for the mining, manufacturing and electricity sectors stood at 1.9 per cent, 0.6 per cent and 1.5 per cent, respectively.