Cumulative growth stands at 8.1%

13 May '08

3 min read

As per Use-based classification, the Sectoral growth rates in March 2008 over March 2007 are 3.1% in Basic goods, 8.6% in Capital goods and 3.5% in Intermediate goods.

The Consumer durables and Consumer non-durables have recorded growth of (-)2.1% and 0.6% respectively, with the overall growth in Consumer goods being (-)0.1%.

Alongwith the Quick Estimates of IIP for March 2008, the indices for February 2008 have undergone the first revision and those for December 2007 have undergone the second (final) revision in the light of the updated data received from the source agencies. (It may be noted that revised indices (first revision) in respect of January 2008 have already been released in April 2008 and these indices shall undergo final (second) revision in June 2008).

Statements giving Quick Estimates of the Index of Industrial Production at Sectoral, 2-digit level of National Industrial Classification (NIC)-1987 and by Use-based classification for the month of March 2008, along with the growth rates over the corresponding month of previous year, including the cumulative indices and growth rates, are enclosed.

Ministry Of Statistics & Programme Implementation New Delhi, May 12, 2008, Vaisakha 22, 1930.

Press Information Bureau Government of India

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