Industrial growth at 6-month high of 3.4 pc in April
New Delhi: Industrial production grew at a six-month high of 3.4 percent in April mainly on account of improvement in mining and power generation, according to official data released Wednesday.
The Index of Industrial Production (IIP) had expanded by 4.5 percent in April 2018.
The expansion in the mining sector was 5.1 percent compared to 3.8 percent in the year-ago month.
Similarly, the growth in the power sector was 6 percent in April as against 2.1 percent in the corresponding month of the last fiscal.
However, there was a slowdown in the manufacturing sector.
The previous high in industrial growth was recorded at 8.4 percent in October 2018.
