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Industrial output inches up to 2.4% in January
This article was posted on Mar 12, 2013 and is filed under Market News
Zeebiz Bureau
New Delhi: Showing signs of recovery in the Indian economy, industrial output in January grew by 2.4 percent compared to 1 percent in the same month last year.
The industrial output, as measured by the Index of Industrial Production (IIP) had grown by 1.4 percent in January, 2012.
Interestingly, the eight core sector industries also grew by 3.9 percent in January this year, up from 2.2 percent in the same month in 2012, signs that the economy was improving.
Exports for the month of February also grew by 4.25 percent to USD 26.26 billion.
Source: Zeenews.com
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