News Elementor

RECENT NEWS

India’s industrial output growth slows to 2.7% in April


Growth of the factory output, based on Index of Industrial Production down to 2.7 per cent in April as against 3 per cent in March, government reported on Wednesday. Performance of the mining sector was key reason behind this decline.

According to a government statement, the growth rates of the three sectors, mining, manufacturing and electricity for of April stood at were (-)0.2 per cent, 3.4 per cent and 1.1 per cent respectively. Within the manufacturing sector, 16 out of 23 industry groups recorded a positive growth in April 2025 over April 2024. The top three positive contributors for the month of April 2025 are — manufacture of basic metals’ (4.9 per cent), manufacture of motor vehicles, trailers and semi-trailers (15.4 per cent) and manufacture of machinery and equipment” (17 per cent).

In the group manufacture of basic metals, pipes and tubes of steel, MS blooms/ billets/ ingots/ pencil ingots, flat products of alloy steel have shown significant contribution in growth.

Growth rates of IIP as per use-based classification in April 2025 over April 2024 are (-)0.4 per cent in primary goods, 20.3 per cent in capital goods, 4.1 per cent in intermediate goods, 4.0 per cent in infrastructure/construction goods, 6.4 per cent in consumer durables and (-)1.7 per cent in consumer non-durables based on use-based classification. The top three positive contributors to the growth of IIP in April 2025 are capital goods, intermediate goods, consumer durables, the statement said.

Published on May 28, 2025



Source link


Growth of the factory output, based on Index of Industrial Production down to 2.7 per cent in April as against 3 per cent in March, government reported on Wednesday. Performance of the mining sector was key reason behind this decline.

According to a government statement, the growth rates of the three sectors, mining, manufacturing and electricity for of April stood at were (-)0.2 per cent, 3.4 per cent and 1.1 per cent respectively. Within the manufacturing sector, 16 out of 23 industry groups recorded a positive growth in April 2025 over April 2024. The top three positive contributors for the month of April 2025 are — manufacture of basic metals’ (4.9 per cent), manufacture of motor vehicles, trailers and semi-trailers (15.4 per cent) and manufacture of machinery and equipment” (17 per cent).

In the group manufacture of basic metals, pipes and tubes of steel, MS blooms/ billets/ ingots/ pencil ingots, flat products of alloy steel have shown significant contribution in growth.

Growth rates of IIP as per use-based classification in April 2025 over April 2024 are (-)0.4 per cent in primary goods, 20.3 per cent in capital goods, 4.1 per cent in intermediate goods, 4.0 per cent in infrastructure/construction goods, 6.4 per cent in consumer durables and (-)1.7 per cent in consumer non-durables based on use-based classification. The top three positive contributors to the growth of IIP in April 2025 are capital goods, intermediate goods, consumer durables, the statement said.

Published on May 28, 2025



Source link

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making

The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.

sdtech2532@gmail.com

RECENT POSTS

CATEGORIES

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE US

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution

Copyright BlazeThemes. 2023