Industrial production up 3.6% in Oct as manufacturing, power revive

Industrial production rose 3.6 per cent in October, largely owing to superior overall performance of manufacturing and electrical energy technology sectors, formal info showed on Friday.

According to the Index of Industrial Production (IIP) info, manufacturing and electrical energy technology sectors registered a progress of 3.5 per cent and 11.two per cent, respectively.

The mining sector witnessed a contraction of 1.5 per cent in October.

The IIP had contracted by 6.6 per cent in October 2019.

(Only the headline and photograph of this report may have been reworked by the Company Normal staff the rest of the written content is automobile-produced from a syndicated feed.)

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Very first Published: Fri, December 11 2020. eighteen:04 IST