India's industrial activity jumps to 7.1 per cent in April against 1.9 per cent in March 2022

The country's factory output (IIP) accelerated by 7.1 per cent in April as against 1.9 per cent in March 2022. According to the Ministry of Statistics and Programme Implementation data released Friday, the growth in the Index of industrial production (IIP) data during April is led by all the sectors.

The manufacturing sector recorded a growth of 6.3 per cent in April. The mining sector rose by 7.8 per cent and the electricity sector climbed 11.8 per cent.

IIP is an index that details out the growth of various sectors in the economy. The Eight Core Industries comprise more than 40 per cent of the weight of items included in IIP. These are Electricity, steel, refinery products, crude oil, coal, cement, natural gas and fertilisers.

IIP Data Sector-wise Month-on-Month (MoM)

• April IIP At 7.1 per cent against 1.9 per cent posted in March
• Mining Sector Growth At 7.8 per cent against 4 per cent
• Manufacturing Sector Growth At 6.3 per cent against 0.9 per cent
• Electricity Sector Growth At 11.8 per cent against 6.1 per cent
• Primary Goods Growth At 10.1 per cent against 5.7 per cent
• Capital Goods Growth At 14.7 per cent against 0.7 per cent
• Intermediate Goods Growth At 7.6 per cent against0.6 per cent
• Infra Goods Growth At 3.8 per cent against7.3 per cent
• Consumer Durable Goods Growth At 8.5 per cent against -3.2 per cent
• Consumer Non-durables Growth At 0.3 per cent against -5 per cent