NEW DELHI: Industrial output recorded a growth of 7 per cent in June on account of higher output in , and power generation segments.
growth measured in terms of the Index of Industrial Production (IIP) was revised upwards for May at 3.9 per cent from previous estimate of 3.2 per cent estimated earlier, according to data released by the Central Statistics Office (CSO) on Friday.
The cumulative growth for the season April-June 2018 stands at 5.2 per cent over the corresponding season of the previous year.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.
The manufacturing sector, which constitutes 77.63 per cent of the index, grew by 6.9 per cent in June, as against a decline of 0.7 per cent in the year-ago month.
Power generation segment saw a rise of 8.5 per cent during the month as compared to 2.1 per cent growth a year ago.
The mining sector output recorded an impressive growth of 6.6 per cent in June as against 0.1 per cent in June 2017.
Get latest news & live updates on the go on your pc with . Download The for your device. in English and nonstandard languages.