Kerala’s industrial output still below pre-lockdown levels, reveals report
1 month, 2 weeks ago

Kerala’s industrial output still below pre-lockdown levels, reveals report

New Indian Express  

THIRUVANANTHAPURAM: Kerala’s industrial output is still below pre-lockdown levels, weighed down by a struggling manufacturing sector, a report released by the Department of Economics and Statistics has revealed. The manufacturing sector recorded a negative growth of 17.84% in 2022-23 compared to 2019-20, showed the ‘Report on Index of Industrial Production 2015-16 to 2022-23’ released recently. While individual IIPs for ‘mining and quarrying’ and ‘electricity’ rose by 14.96% and 49.13%, respectively, in 2022-23 when compared to the pre-lockdown year, the increase couldn’t help in bumping up the composite IIP due to the drastic decline in manufacturing sector. “Kerala’s manufacturing sector is dominated by traditional industries dealing with food processing, rubber and plastic products, which contribute to 30% of the total output.

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History of this topic

India's Index of Industrial Production growth slows to 4.9% as mining sector sees decline
7 months, 1 week ago

India's Index of Industrial Production growth slows to 4.9% as mining sector sees decline

Deccan Chronicle  

New Delhi:With the poor performance, mostly in the mining sector, India’s industrial output slowed marginally to 4.9 per cent in March this year as compared to the previous month. The factory output measured in terms of the index of industrial production or IIP was 5.6 per cent in February 2024, while it saw a growth of 1.9 per cent in …

Industrial output slows to 4.9% in March
7 months, 1 week ago

Industrial output slows to 4.9% in March

The Hindu  

India’s industrial output growth slowed to 4.9% in March from 5.6% in February, as per the National Statistical Office, with base effects from last March when output had tanked 1.9%, boosting the uptick. Manufacturing, which constitutes 77.6% of the Index of Industrial Production, grew at a five-month high pace of 5.2% in March, relative to a mild 1.5% uptick in …

Industrial output growth slows to 3.8% in January
9 months, 1 week ago

Industrial output growth slows to 3.8% in January

The Hindu  

India’s industrial output growth slowed to 3.8% in January, from an upgraded uptick of 4.24% in December, with the manufacturing sector’s growth slowing to 3.2% from 4.5% a month ago and consumer non-durables slipping into contraction for the second time in three months. Consumer durables production jumped 10.9%, the highest growth in three months, but gained from base effects as …

Industrial output growth slides to three-month low
1 year, 1 month ago

Industrial output growth slides to three-month low

The Hindu  

India’s industrial output growth slid to a three-month low of 5.8% in September from a 14-month high of 10.3% in August, with manufacturing growth halving to 4.5% from the 9.3% recorded in the previous month. Consumption demand appeared weak with consumer durables’ production rising just 1% while non-durables’ grew 2.7% in September, despite a beneficial base effect from last year …

India’s industrial production up 4.2% in April from 1.1% in March
1 year, 6 months ago

India’s industrial production up 4.2% in April from 1.1% in March

Live Mint  

The index of industrial production in India rose 4.2 per cent on an annual basis in the month of April from 1.1 per cent in March and 6.7 per cent in April 2022, according to data released by the Ministry of Statistics and Programme Implementation on Monday. India's industrial production growth slipped to a five-month low of 1.1 per cent …

Industrial production growth grew 4.3% in December, says govt
1 year, 10 months ago

Industrial production growth grew 4.3% in December, says govt

Live Mint  

The Index of Industrial Production for December grew 4.3 per cent on a year-on-year basis against 7.1 per cent in the preceding month, the Ministry of Statistics and Programme Implementation data showed on 10 February. Also, the manufacturing sector's output grew by 2.6 per cent in December, said the released by the National Statistical Office. Commenting on the IIP data, …

Industrial output growth moderates to 4.3% in December 2022
1 year, 10 months ago

Industrial output growth moderates to 4.3% in December 2022

The Hindu  

India’s industrial output growth moderated to 4.3% in December 2022 from 7.3% in November, despite mining and electricity production rising at around 10% for the second successive month as manufacturing growth faltered from 6.1% in November to just 2.6%. On the basis of end-use, four of six sub-sectors — primary goods, capital goods, infrastructure and construction goods, and consumer non-durables …

India’s core sector growth slows to 0.1% in October
2 years ago

India’s core sector growth slows to 0.1% in October

The Hindu  

India’s eight core sectors’ output growth virtually flattened in October, stumbling to just 0.1% from 7.8% in September, with cement and refinery products slipping into contraction and electricity generation rising just 0.4%. In what analysts reckoned was the weakest core sectors’ performance since February 2021, partly driven by base effects, steel output rose 4% in October, reflecting the slowest growth …

India’s industrial production grows 2.4% in July
2 years, 3 months ago

India’s industrial production grows 2.4% in July

The Hindu  

India’s industrial output grew by just 2.4% in July from 12.7% in June, with output levels dropping 2.75% month-on-month as per the Index of Industrial Production. The intermediate goods segment was the only one to clock growth from July 2021 as well as June 2022 output levels — rising 3.6% and 1.6%, respectively. Production growth in the consumer durables sector, …

Core sector output expands by 12.7% in June
2 years, 4 months ago

Core sector output expands by 12.7% in June

The Hindu  

India’s eight core sectors’ output growth moderated to 12.7% in June from 18.1% in May, with all sectors except crude oil registering an uptick in production. March core sectors' growth was pared to 4.8% from 4.9% estimated earlier, while May's output growth from these sectors was revised higher at 19.3% from the previous estimate of 18.1%. While June marks the …

Industrial Production Grows 19.6% in May, Manufacturing Output up by 20%: Data
2 years, 5 months ago

Industrial Production Grows 19.6% in May, Manufacturing Output up by 20%: Data

News 18  

India’s industrial production in May 2022 witnessed a jump of 19.6 per cent. The data released today shows that IIP indeed grew in double digits at 19.6 per cent in May 2022 and is an eleventh-month high despite a high base of May 2021.” He added that at the broad level, all segments contributed to the growth. While manufacturing, the …

Industrial output grew 1.9% in March
2 years, 7 months ago

Industrial output grew 1.9% in March

The Hindu  

India’s industrial output grew by 1.9% in March, only marginally higher than the 1.7% growth recorded in February, with manufacturing growth staying weak at just 0.9%, only a tad better than the 0.8% recorded the month before. While primary and consumer goods’ production rose month-on-month, this was largely offset by a dip in the expansion rates of capital, infrastructure and …

Industrial output grows 1.3% in January
2 years, 9 months ago

Industrial output grows 1.3% in January

The Hindu  

India’s industrial output grew 1.3% in January 2022, recovering marginally from a revised growth rate of 0.7% for December 2021, but was still only 0.7% above pre-pandemic levels, as per data from the National Statistical Office. While consumer non-durables output grew 2.1% year-on-year in January, the fastest pace since August 2021, it marked a significant 5% decline from December 2021 …

India’s industrial output grew by 11.5% in July
3 years, 3 months ago

India’s industrial output grew by 11.5% in July

The Hindu  

India’s industrial output grew by 11.5% in July compared to a 10.5% contraction a year ago, as per quick estimates from the National Statistical Office released on Friday. ICRA Chief Economist Aditi Nayar said the contraction in the category for the second month in a row struck a ‘discordant’ note, even as July’s manufacturing index was nearly as high as …

Core sector output shrinks 2.6% in November 2020
3 years, 11 months ago

Core sector output shrinks 2.6% in November 2020

The Hindu  

Output from India’s eight core sectors hit a three-month low in November, contracting 2.6% in the festive month, with coal, fertilisers and electricity the only sectors to record positive growth on a year-on-year basis, suggesting the economy is still not out of the woods. “Steel, after recording three consecutive months of positive growth, and cement, after recording a positive growth …

India's Manufacturing PMI Slips to Three-month Low in November
4 years ago

India's Manufacturing PMI Slips to Three-month Low in November

News 18  

India’s manufacturing sector activity lost momentum and fell to a three-month low in November amid slower increases in factory orders, exports and buying levels, a monthly survey said on Tuesday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index fell from 58.9 in October to a three-month low of 56.3 in November, indicating that the manufacturing sector growth remained …

Manufacturing, Construction and Hospitality Sectors Leading India to its Worst Recession Ever?
4 years, 3 months ago

Manufacturing, Construction and Hospitality Sectors Leading India to its Worst Recession Ever?

News 18  

According to data released by National Statistical Office on Monday, all key sectors except agriculture witnessed contractions. The Gross Domestic Product data for the first quarter of the ongoing financial year said that the country witnessed its worst contraction ever. So far, the UK economy had seen the biggest slump in June quarter GDP among the top 20 economies of …

India's virus-hit industrial output shrinks 16.6% in June
4 years, 4 months ago

India's virus-hit industrial output shrinks 16.6% in June

News 18  

NEW DELHI India’s industrial output fell 16.6% year-on-year in June, shrinking for the fourth month in a row, though the monthly measure indicated some recovery in the coronavirus-hit sector. Industrial activity has been hit hard in Asia’s third-largest economy after the government imposed lockdown restrictions in late March. Passenger vehicle production in July fell 29.4% from a year earlier, separate …

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