Industry output contracts 3.6% in February- Business News
Industry output contracts 3.6% in February Mining and manufacturing output declined 5.5 per cent and 3.3 per cent, respectively, in February, while power generation grew 0.1 per cent. BusinessToday.In | April 12, 2021 | Updated 18:27 IST Cumulatively, IIP contracted 11.3 per cent during April-February 2020-21 as against a 1 per cent growth during the same period in 2019-20. India's industrial output, measured by the Index of Industrial Production (IIP), contracted 3.6 per cent in February, with mining and manufacturing registering a decline, while electricity output increased marginally. Mi...