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Industry grows 6.4% in July

New Delhi, Sept. 12 (PTI): The Indian industry reported a stupendous performance in the month of July registering a growth of 6.4 per cent as against 2.6 per cent in the same month last year.

The major recovery was led by a robust growth of 5.7 per cent in the manufacturing sector, which is up from 2.9 per cent in July last year, according to quick estimates of index of industrial production (IIP) released by Central Statistical Organisation today.

The cumulative growth during the first four months of the current financial year also witnessed a sharp recovery at 4.7 per cent compared with 2.3 per cent in the corresponding period last fiscal.

The manufacturing sector recorded cumulative growth of 4.3 per cent over 2.7 per cent during the period under consideration.

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