Industry in India
India - Industry
Industrial production growth slows in May
Industrial production increased 3.1% in May in annual terms, down from April’s revised 4.3% increase (previously reported: +3.4% year-on-year).
In terms of sectors, growth was notably underpinned by an expansion in the electricity sector, although the manufacturing and mining sectors posted strong expansions too. On a use-based classification, output of consumer non-durable goods powered the growth reading in May.
Annual average growth in industrial production moderated to 3.6% in May from 3.7% in April.
FocusEconomics panelists expect industrial production to increase 4.5% in fiscal year 2019, which is down 0.5 percentage points from last month’s projection. For fiscal year 2020, the panel expect industrial output to expand 5.2%.
India - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 3.3 | 4.1 | 3.3 | 4.6 | 4.4 |
India Industry Chart
Source: Ministry of Statistics and Programme Implementation and FocusEconomics calculations.
India Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 6.49 | -0.04 % | Jul 11 |
| Exchange Rate | 68.41 | -0.09 % | Jul 11 |
| Stock Market | 38,823 | -0.08 % | Jul 11 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
India: Consumer price inflation accelerates in June
July 16, 2019
In June, consumer prices rose 0.63% compared to the previous month, up from May’s 0.57% figure.
India: Exports and imports tumble in June
July 15, 2019
Merchandise exports decreased 9.7% in June compared to the same month a year earlier, contrasting the 3.9% increase in May, seemingly due to fewer exports from labor-intensive manufacturing sectors such as textiles, and gems and jewelry.
India: Industrial production growth slows in May
July 12, 2019
Industrial production increased 3.1% in May in annual terms, down from April’s revised 4.3% increase (previously reported: +3.4% year-on-year). In terms of sectors, growth was notably underpinned by an expansion in the electricity sector, although the manufacturing and mining sectors posted strong expansions too.
India: New budget reduces fiscal deficit target, but analysts are unconvinced by revenue forecasts
July 11, 2019
On 5 July, Prime Minister Modi’s new government unveiled its final budget for the fiscal year 2019, which runs from April this year to March next year.
India: The private sector expands at a slower pace in June
July 3, 2019
The composite Purchasing Managers’ Index (PMI) produced by Nikkei and IHS Market was down to 50.8 in June from 51.7 in May, representing an over one-year low.
© Copyright: 2019 | India Industry | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
