IANS | 12 Mar, 2020
Higher electricity generation coupled with mining activity expanded
India's January factory output by 2 per cent from 0.07 per cent reported for
December 2019.
Similarly, on a year-on-year basis the growth rate of factory output during the
month under review was higher than the rise of 1.6 per cent recorded during
January 2019.
"The 'Quick Estimates of Index of Industrial Production' (IIP) with base
2011-12 for the month of January 2020 stands at 137.1, which is 2 per cent
higher as compared to the level in the month of January 2019," the
Ministry of Statistics & Programme Implementation said.
"The cumulative growth for the period April-January 2019-20 over the
corresponding period of the previous year stands at 0.5 per cent."
