|
Back
MANUFACTURING SECTOR RECORDS HIGHEST RATE OF GROWTH SINCE 1997-98 IN FIRST SIX MONTHS OF THIS FISCAL
Date : 20 Nov 2005
Location : New Delhi
Industrial growth during the first six months of the current financial year (April-September 2005-06) is up by 8.8% as against 8.3% registered in the same period last year. The growth rate in respect of manufacturing sector as a whole at 9.9% against 8.8% in the corresponding period last year is not only higher than the overall industrial growth but also the highest since 1997-98. Among the use-base economic sub-groups, ‘Capital goods’ have shown the highest growth rate of 17.6% during September, 2005.
As per the Quick Estimates of the Index of Industrial Production released by the Central Statistical Organisation, the industrial production grew by 7.3% during September, 2005 as compared to September 2004.
The growth of Industrial Production for the Mining, Manufacturing and Electricity sectors in September 2005 has been (-) 1.1%, 8.9% and (-)0.7%, respectively as compared to September 2004. The cumulative growth during April 2005 to September 2005 over the corresponding period of 2004-05 in the three sectors have been 1.3%, 9.9% and 4.8% respectively.
The sector wise growth rates are as under:
|
Sector |
Growth Rate in Percentage |
|
|
Sept. 2004 |
Sept.2005 |
2004-05 |
2005-06 |
|
|
|
|
(Apr.- Sept.) |
(Apr.-Sept.) |
|
Mining |
5.1 |
(-) 1.1 |
5.1 |
1.3 |
|
Manufacturing |
10.5 |
8.9 |
8.8 |
9.9 |
|
Electricity |
7.7 |
(-) 0.7 |
7.8 |
4.8 |
|
Overall |
9.8 |
7.3 |
8.3 |
8.8 |
**********
SB/MRS
|
Archives
