Page 2 - Industrial Production

Industrial production grows 3.2% in October: Govt data

India's industrial production rose 3.2 per cent in October, according to official data released on Friday. As per the Index of Industrial Production (IIP) data by the National Statistical Office (NSO), the manufacturing sector's output grew 2 per cent in October 2021. In October, the mining output climbed 11.4 per cent, and power generation increased 3.1 per cent. The IIP had grown by 4.5 per cent in October 2020. During April-October this year, the IIP grew 20 per cent against a 17.3 per cent contraction in the same period last year. Industrial production has been hit due to the coronavirus pandemic since March last year when it had contracted 18.7 per cent. It shrank 57.3 per cent in April 2020 due to a decline in economic activities in the wake of the lockdown imposed to curb the spread of coronavirus infections.

Thyssenkrupp bags Rs 1,150-cr contract from NRL for expansion project

The private firm said NRL has awarded an engineering, procurement and construction (EPC) contract to it

IIP growth slips to 3.1% in September on waning low base effect

Industrial production growth slips to 3.1 per cent in September, mainly due to the waning low base effect while mining and manufacturing sectors performed well

IIP growth in July declines to 11.5% despite easing of Covid-19 curbs

However, most segments are back to pre-pandemic levels, offering a ray of hope

Industrial output up 29.3% in May due to low base, drops 8% sequentially

In May last year, IIP had shrunk 33.4% due to imposition of a nationwide lockdown to contain the spread of the Covid-19

China's industrial production jumps over 6% in May, shows data

The latest data released Wednesday by the statistics bureau showed a shift toward consumption-driven demand is underway, but at a gradual pace

India's industrial output surges 134.4% in April on low-base effect

Manufacturing sector output, which accounts for more than three-fourths of the entire index, registered a growth of nearly 200 per cent

Asia's factories sustain expansion, supply chain woes cloud outlook

A spike in COVID-19 infections in countries like Taiwan and Vietnam could disrupt semiconductor output and supply chains, posing a headache for manufacturers

China's factory activity seen growing steadily in May: Reuters poll

China's industrial output saw months of expansion following a Covid-induced slump, although high raw materials costs continue to weigh on the outlook

Feb factory output shrinks 3.6% in sharpest contraction in six months

The cumulative decline during April-February (2020-21) was 11.3%, compared to a growth of 1% during the same period a year ago

Number of industrial investment proposals at record low in 2020, shows data

The proposed investment in the industrial sector is worth Rs 4.29 trillion, down 36.8 per cent from the Rs 6.79 trillion the previous year (2019).

J&K announces new industrial development scheme worth Rs 28,400 crore

Sinha said that this scheme is from the period of date of notification up to the year 2037 with a total outlay of Rs 28,400 crore.

Economic recovery fizzling out? Core sector output shrinks 2.6% in November

Impact on IIP likely even as some economists believe consumer goods might tone it down to some extent. Core sector accounts for 40.27% of IIP

CEA foresees V-shaped recovery in industrial production going ahead

Makes his prediction on the basis of the number of items in the IIP basket that grew in the month of October

Industrial production grows 0.2% in Sep; turns positive after 6 months

The industrial output grew by 0.2 per cent in September, according to the Index of Industrial Production (IIP) data

Stimulus 2.0: Govt measures too little too late; may not move the needle

Minor tinkering and a reluctant increase in expenditure are unlikely to generate demand at a meaningful scale

Industrial recovery slow as manufacturing leads 8% fall in August IIP

Though September high-frequency indicators offer hope, August IIP data shows well performing FMCG sector went from green to red, while recovery turned stale for primary goods

China's industrial profits grow 19.1% y-o-y in August to 612.81 bn yuan

That compares with a 19.6% increase in July and is the fourth straight month of profit growth

Industrial production shrinks fifth month in a row, rate slows to 10.4%

Slowing pace of recovery and sluggish manufacturing output has experts worrying over Q2 GDP growth

Warehousing, industrial space demand to be hit due to Covid-19: Experts

Niranjan Hiranandani, co-founder and managing director of Hiranandani Group, said there are huge development potential in the warehousing, industrial parks and data centre projects