India’s industrial growth, as per the Index of Industrial Production (IIP), rose to 7.1 per cent in April from 2.2 per cent in March, official data showed.
April’s industrial activity is reportedly the highest in 8 months.
A quick estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 135.1.
The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of April 2022 stand at 116, 132.5 and 194.5, respectively. These Quick Estimates will undergo revision in subsequent releases, as per the revision policy of the IIP.
As per use-based classification, the indices stand at 139.3 for primary goods, 90.6 for capital goods, 150.2 for intermediate goods and 149.4 for infrastructure/ construction goods for the month of April 2022. Further, the indices for consumer durables and consumer non-durables stand at 112.1 and 140.4, respectively for the month.
Data for the Index for May 2022 will be available on July 12.