Sunday, July 21, 2024
Home » India Growth Story » India’s Industrial Production Growth Slows to 4.9% in March 2024

India’s Industrial Production Growth Slows to 4.9% in March 2024

May 11, 2024
India Growth Story , Industry , MSME

Hey, like this? Why not share it with a buddy?

India’s industrial production growth rate dipped to 4.9% in March 2024, down from 5.7% in February. Whereas, the manufacturing sector saw a growth of 5.2%, slightly up from 5%. Key contributors to this growth included the manufacturing of basic metals, pharmaceuticals and medicinal products and other transport equipment.

Notable growth is Manufacture of basic metals, Manufacture of pharmaceuticals, medicinal chemical and botanical products and Manufacture of other transport equipment. The mining production increased by 1.2%, while power output surged by 8.6%. These sectors play pivotal roles in India’s industrial landscape, contributing to overall economic activity and growth.

Source :

Related Posts

Reader / Viewer discretion and disclaimer :
The information provided on SME e-News ( website is intended for general informational purposes only. While we strive to provide accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or reliability of the content. The views and opinions expressed in the articles and posts on this website are those of the authors and do not necessarily reflect the official policy or position of SME-e-News website. Readers are advised to independently verify any information found on this website before making decisions based on it. We do not endorse, represent, or warrant the accuracy or reliability of any third-party content linked on this site. Furthermore, SME e-News ( website shall not be held liable for any errors, omissions, or delays in the information provided, nor for any losses, injuries, or damages arising from its display or use. Please note that the content on SME e-News ( website may be subject to change without notice.