New Delhi: India’s Industrial Production Growth in December 2022 Decreased to 4.3 percent. In November, it was 7.3 percent. This is due to the sluggish performance of the manufacturing sector. National Statistics Office (NSO) on Friday Clarifying figures that have been crossed out.
Meanwhile, on the basis of the index of industrial production, the Factory output growth at 1 percent in December 2021 is going Manufacturing sector growth compared to December 2021 It has increased by 2.6 percent in last December. Mining production increased by 9.8 percent over the previous year. Electricity production also increased by 10.4 percent. The capital goods sector recorded a growth of 7.6 percent.
Compared to a year ago, consumer product Production fell by 10.4 percent. Non-consumer goods production increased by 7.2 percent. Basic amenities and construction goods and 8.2 percent of primary goods. Cotton production also recorded a growth of 8.3 percent. Intermediate goods production grew by one per cent It decreased to 0.3 percent. During the nine months (April-December) of the financial year The GDP growth is 5.4 percent. The previous year was 15.3 percent.
News Summary – India’s industrial growth slowed to 4.3 percent