Indian industry grows at 9.5% in April

Indian industry has logged a growth of 9.5 per cent in April 2006 as against 8.1 per cent in the same month last fiscal.

The growth in the Index of Industrial Production was largely on account of manufacturing, which rose 10.4 per cent compared to 9.2 per cent in April 2005, according to official data released on Monday.

The mining sector lagged behind with a growth of only 4.3 per cent, while the electricity sector increased by 5.6 per cent.

The corresponding growth in mining and electricity was 2.8 per cent and 3.1 per cent in the same month of 2005.

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