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Industrial output dips marginally

PTI

New Delhi, Updated At : 10:03 AM Oct 12, 2024 IST

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After a gap of nearly two years, India's industrial production turned negative as it contracted by 0.1 per cent in August, mainly due to a decline in the mining and power generation sectors' output, in addition to an almost flat expansion in the manufacturing sector.

According to the data released by the National Statistical Office (NSO), factory output growth based on the Index of Industrial Production (IIP) has also been revised downwards for July to 4.7 per cent from the earlier estimate of 4.8 per cent.

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Industrial output dips marginally

PTI

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