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The industrial performance measured in terms of Index of Industrial Production (IIP) estimates changes in the production of manufacturing, mining and electricity over base year 2011-12. As per latest available data, IIP during the first quarter of 2016-17 registered a growth of 7.9 per cent. The figures for the first quarter of 2017-18 are not available.
As per IIP, the annual growth rate of industrial sector was 5.0 per cent in 2016-17 compared to 3.4 per cent in 2015-16.
This information was given by the Commerce and Industry Minister Smt. Nirmala Sitharaman in a written reply in Lok Sabha today
Industrial production reporting shows recent growth trends and parliamentary disclosure of IIP statistics. Index of Industrial Production (IIP) reporting measures performance across manufacturing, mining and electricity using base year 2011-12 and discloses that annual industrial growth was 5.0 per cent in 2016-17 versus 3.4 per cent in 2015-16, with a 7.9 per cent rise in the first quarter of 2016-17; first quarter 2017-18 figures were unavailable. This statistical information was supplied by the Commerce and Industry Minister in a written parliamentary reply.Press 'Enter' after typing page number.