Propelled by improved performance in manufacturing, power as well as mining sector, industrial production recorded a double-digit growth for the second successive month this fiscal, surging 11.7 per cent in June as against 7.3 per cent in the same month last year.
On a cumulative basis, the Index of Industrial Production (IIP) for the first quarter this fiscal grew by 10.3 per cent as compared to 7.7 per cent in the year-ago period, according to the official figures released on Friday.
The index had grown by 10.8 per cent in May 2005 compared to 6.8 per cent a year ago.
Manufacturing, which carries the highest weight in the IIP basket, grew by 12.5 per cent in June, much higher than the 8.1 per cent growth achieved in the year ago period.
During April-June this year, manufacturing sector grew by 11.2 per cent as compared to 8.1 per cent during the same quarter in 2004-05.
The electricity sector grew by an impressive 9.4 per cent as against a mere 4.5 per cent in the year ago period.
On a cumulative basis, the growth in the electricity sector was slower as it rose to 7.6 per cent in April-June this year against 5.9 cent in the year-ago period.
Mining sector grew 5.8 per cent during the month under review as against 2.7 per cent in June 2004.
However, in the first three months this year, the growth in the mining sector dipped to 4.5 per cent compared to 5.7 per cent during the previous year period.
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