Industrial production on boom in January

industrial production

India's industrial production has raised 16.7% in the month of January. According to the official data, the country's industrial output has managed to grow a massive 16.7% earlier this year. At this point of time last year it was just above null. The output was 1% to be precise. But from the month of December, 2009, the level of production has increased and the industry has bounced back with the advent of a fresh year. Apart from that the industry has produced a better result than that of expected by the experts.

As per the data released by the Central Statistical Organization, the index of industrial production was standstill at 9.6 per cent during the first 10 months i. e. from April 2009 to January 2010.

The index of industrial production (IIP) measures the country's factory output. Data suggest that the manufacturing industry and Mining have increased 17.9% and 14.6% respectively for the month of January. Power output was also upbeat by 5.6% while consumer durables sector was recorded to grow a massive 31.6% up.


Gaming Tonight

Sony Reduces PlayStation Prices by 15%
Sat, 08/20/2011 - 07:50

Sony PlayStation 3 is being sold at a 15% lower price with the fall in prices in India. The step...


Entertainment Tonight

SRS All Set To Invest Rs 100 Cr To Launch New Screens
Mon, 08/22/2011 - 06:22

Diversified group SRS today announced that it would make an investment of Rs 100 crore to...


India Today

Federal Reserve to Continue with Fiscal Stimulus; Asian Markets Trade High
Thu, 09/19/2013 - 04:13

Asian markets opened high on Thursday as Federal Reserves continued with its fiscal stimulus...


UK News

Water Bills to Go Down With Subsidy
Wed, 11/30/2011 - 08:12

It has been revealed in a recent report that there is now rebate going to be received by the...


US News

Google Introduces New Features in Mapping Service
Wed, 11/30/2011 - 13:00

Often it happen when one has no clue where their desired shop is in the airport or which...