SME Times is powered by   
Search News
Just in:   • Centre, states should work together to boost exports: Modi  • Ongoing trade wars present excellent opportunity: Minister  • India, Krygyz Republic raise ties to strategic partnership  • Punjab CM seeks fresh river water tribunal  • Biocon facilities receive European regulatory nod 
Last updated: 13 Jun, 2018  

Industry.9.Thmb.jpg Manufacturing pushes industrial output in April

Industry.9.jpg
   Top Stories
» Centre, states should work together to boost exports: Modi
» Ongoing trade wars present excellent opportunity: Minister
» Mineral policy will need synergy among stakeholders: Official
» Pre-Budget consultation: Minister meets trade unions
» 'Low exports growth due to sluggish global trade'
SME Times News Bureau | 13 Jun, 2018

Higher production of the manufacturing sector, especially of capital goods and consumer durables, accelerated India's industrial output in April by 4.9 per cent from a rise of 4.57 per cent in March 2018.

According to the data furnished by the Central Statistics Office (CSO) on Tuesday, the General Index for the month of April 2018 stands at 123.0, which is 4.9 percent higher as compared to the level in the month of April 2017.

The cumulative growth for the period April-March 2017-18 over the corresponding period of the previous year stands at 4.3 percent.

On a year-on-year basis, the manufacturing sector expanded by 5.2 per cent, while the mining sector's output rose by 5.1 per cent and the sub-index of electricity generation increased by 2.1 per cent.

"In terms of industries, sixteen out of the twenty three industry groups in the manufacturing sector have shown positive growth during the month of April 2018 as compared to the corresponding month of the previous year," the CSO said.

"The industry group ‘manufacture of computer, electronic and optical products' has shown the highest positive growth of 27.5 per cent followed by 21.9 per cent in ‘manufacture of motor vehicles, trailers and semi-trailers' and 15.7 per cent in ‘manufacture of food products'."

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 16 Jun, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» The Silk Road - A journey through history(6)
» Starting an import export business: Basic guide for beginners(1)
» Manifestos of major political parties(1)
» RBI issues new circular on resolution of stressed assets(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter