The Telegraph
Since 1st March, 1999
Email This Page
Industry grows 4.9% in April

New Delhi, June 12 (PTI): Riding on the back of a robust performance by the manufacturing sector, industrial production continued its upward trend, rising by 4.9 per cent during April this year as against 4.1 per cent in the same period of 2002.

According to the quick estimates of index for industrial production, the mining sector also contributed to the industrial growth. It was up by 8.3 per cent during the reporting period. The sector registered a turnaround after growing at a meagre 3.6 per cent during April, 2002.

The mining sector grew at a rate of 5.7 per cent during 2002-03.

The manufacturing sector grew by 5 per cent in April 2003 as against 4 per cent in the corresponding previous month.

However, production in electricity sector fell to 1.9 per cent during April from 5.2 per cent in the year-ago period.

According to the use-based index of industrial production, the capital goods sector, while witnessing a turnaround, posted a robust growth of 9 per cent during April 2003 as against the fall of 0.6 per cent in the year-ago period.

Production in the consumer goods sector declined to 5.8 per cent during April 2003 from 8.9 per cent in the corresponding period a year ago. The consumer durables sector witnessed a negative growth of 2.2 per cent during the month as against a growth of 3.6 per cent in April 2002.

Email This Page