Factory output growth rises to 5-mth high in July

New Delhi, September 12 India’s industrial production growth rose to a five-month high of 5.7% in July, mainly due to good showing by the manufacturing, mining and power sectors, according to the official data released on Tuesday. The factory output...

PTI

Updated At : 12:59 PM Sep 13, 2023 IST

New Delhi, September 12

India’s industrial production growth rose to a five-month high of 5.7% in July, mainly due to good showing by the manufacturing, mining and power sectors, according to the official data released on Tuesday.

The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 2.2% in July 2022.

The previous high was recorded at 6% growth in February 2023. Thereafter, the growth rate declined to 1.9% in March 2023 before rising to 4.6% in April and further to 5.3% in May. The IIP growth again decelerated to 3.8% in June this year.

During April-July 2023-24, the IIP growth works out to be 4.8%, down from 10% in the corresponding period a year ago.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Suggested Articles