Industrial production grew by 16.7 %

• Author: Lalitha
• Filed under: Industrial Growth, india, order news
• Date: Mar 12,2010

IIP data has come out today and surprisinglly the Industrial production is up by a massive 16.7 % in jan 2010 compared to aropund just 1 % in Jan 2009.
>Manufacturing is the main factor for the growth it has come up by 17.9 per cent during Jan 2010 compared to just 1 % in Jan 2009
Manufacturing ,

>Capital goods is up by 56.2 % against 15.9 %.
>Consumer durables segment zoomed 31.6 per cent against 2.1 per cent.

IIP – Index of Industrial Production rose 1.4 Percent in april 2009

• Author: Lalitha
• Filed under: Economic Data, Industrial Growth, economy growth, india
• Date: Jun 12,2009

Industrial production for April 2009 has been released and its at 1.4 percent which is good sign because it has been in declining almost 3 times in past four months.

>IIP rose 1.4% in April from a revised 0.75% decline in March 2009.
>Industrial output rose 2.4% in the 2008/09 fiscal year (April-March), down from a revised 8.5% in 2007/08.

Components of IIP

>Manufacturing output rose 0.7%
>Mining output grew 3.8%
>Electricity generation for the month jumped 7.1% YOY
>Capital goods output fell 1.3% YOY

Industrial Production Declined 2 Percent in December 2008

• Author: Lalitha
• Filed under: Industrial Growth, india
• Date: Feb 13,2009

Central Statistical Organization of India announced Industrial production for the month of December 2008 , which kind of declined in December 2008 by 2 percent , earlier it was told that November month also saw a decrease but it was restated and the November IIP stands now at 1.7 percent gain , So in 3 months or the last QTR of 2008 from October to December, it has two negative growth once in October of 2008 which is around .3 Percent decline and now in December 2008 2 percent decline .

Indian Industrial Production sees negative growth in 10 years

• Author: Lalitha
• Filed under: Industrial Growth, india
• Date: Dec 12,2008

Much awaited Industrial Production data came in today for the month of october .IIP, number stands at a negative 0.4 percent , which means the growth declined by .4 percent no growth at all. It was 4.8% month-on-month compared to september 2008.It was at 12.22 percent year-on-year in october 2007. I heard that in 10 years this is first time and negative growth has happened only twice now in the indian industrial sector.