Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
April 27, Thursday 2017 2:42 PM       

       HEADLINES: Ordinary people unable to approach police: Speaker                                              Scripting new history in old assembly hall                                              Advani thanks Mar Thoma Church for opposing Emergency                                              Modi launches low-cost UDAN flights                                              NGT issues contempt notice to Sri Sri Ravi Shankar                                              Terrorism will recoil on those who nurture it: India                                              20 killed in clashes in DR Congo's Kasai region: UN                                              Jadhav case: India hands over mother's appeal to Pak                                              US pledges to force N Korea to resume talks on nuclear arms                                              Brilliant Uthappa powers KKR to top of IPL 10                                              Samuels replaces injured de Kock                                              Kaumudi Facebook
       BUSINESS Next Article: 12 lakh new notes infused in the market: Jaitley  
       IIP bounces back in Jan, expands by 2.7 pc
 
         Posted on :15:58:39 Mar 11, 2017
   
A A
       Last edited on:15:58:39 Mar 11, 2017
         Tags: IIP bounces back in Jan, expands by 2.7 pc
 
NEW DELHI: Industrial production bounced back in January expanding by 2.7 per cent year-on-year mainly due to better performance by the capital goods segment, a barometer of investment activities.
 
The factory output, measured in terms of Index of Industrial Production (IIP), had contracted by 0.1 per cent in December on account of cash crunch following demonetisation of high value currency notes.
 
The industry output had expanded by 5.53 per cent in November. The capital goods segment grew by 10.7 per cent in January against a contraction of 21.6 per cent in the same month of last financial year.
 
The basic goods category expanded by 5.3 per cent against 1.9 per cent growth in January 2016. On the other hand, the intermediate goods category contracted by 2.3 per cent.
 
Despite quickening of remonetisation process, the consumers goods segment contracted by 1 per cent in January. It comes over a 0.1 per cent decline in January 2016.
 
In the consumer goods segment, durable items expanded by 2.9 per cent, but non-durable contracted by 3.2 per cent.
 
IIP as a whole had contracted by 1.6 per cent in January 2016. On cumulative basis, IIP during April-January 2016-17 showed an expansion of 0.6 per cent, which was lower than 2.7 per cent reported in the year-ago period.
 
The indices of industrial production for mining, manufacturing and electricity sectors posted growth rates of 5.3 per cent, 2.3 per cent and 3.9 per cent respectively in January 2017.
 
The cumulative growth in these three sectors during April-January 2016-17 was 1.4 per cent, (-) 0.2 per cent and 5.0 per cent, respectively.
 
In total, nine out of the 22 industry groups in the manufacturing sector have shown positive growth during January 2017 on annual basis.
 
The industry group 'electrical machinery and apparatus'’ has shown the highest growth of 42.4 per cent followed by 21.8 per cent in 'radio, TV and communication equipment and apparatus' and 12.4 percent in 'basic metals'.
 
On the other hand, the industry group 'office, accounting and computing machinery' has shown the highest negative growth of 16 per cent followed by 14.8 per cent in 'food products and beverages' and 13.4 per cent in 'other transport equipment'.
 

 

Some important items that have registered high negative growth include 'HR Sheets', 'ship building and repairs', 'sugar', and 'PVC pipes and tubes'.
A A
       BUSINESS
Next Article: 12 lakh new notes infused in the market: Jaitley
 
 
BUSINESS HEADLINES
Realty sector revived after demonetisation: PropTiger Report  
I voluntarily gave up rail budget: Suresh Prabhu  
Rupee scales near 21-mth high of 64.26 on global cues  
Nifty closses above lifetime high of 9,300-mark  
PM to review infra performance with officials today  
US dollar ends sharply lower against rupee  
Sensex rebounds 291 pts; French Prez race, RIL Q4 in limelight  
Thailand expects 12 lakh tourists from India in 2017  
GST great illustration of cooperative federalism: Modi  
Niti Aayog lists promoting digi-payments as achievement  
Hero Cycles eyes setting up Rs 400 cr project  
Impact of demonetisation abated: IMF  
Mistry appeals against NCLT rejecting waiver plea in Tata case  
Air India lowers age limit for elderly travel concession  
SEBI court quashes non-bailable warrant against Sahara chief  
India needs to accelerate investment in children, education:WB  
Sensex extends gains, up 86 pts on bargain hunting  
Jaitley may take up H-1B visa issue with US authorities  
'India moving forward to become major destination for FDI'  
Sensex surrenders early gains, falls 95 pts  
Apple, Coke, Airtel among cos pulled up for 143 misleading ads  
Inflation cools to 5.7%, food prices heat up  
Nifty regains 9,200-level in early trade  
SC orders auction of Sahara's Amby Valley  
Railways to export locos, train sets worth Rs. 680 cr to Lanka  
 
Should Senkumar be reinstated as DGP, law and order?
yes
 
no
 
don't know
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy