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India industrial output contracts

Source: United Press International

New Delhi : India | 11 months ago

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India's industrial output in October fell for the first time in 15 years, down 0.4 percent from the same month of last year, it was announced Friday. The decline in the Index of Industrial Production resulted partly from a 12-percent decline in India's exports stemming form the global economic downturn,...

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News Stories

Manufacturing brings down industrial growth

News Source: NewKerala | 11 months ago

The index of industrial production (IIP), a measure of industrial activity in the economy, slipped into the negative zone mainly because of the manufacturing sector growth falling to 1.2 percent in October from 13.8 percent a year earlier.
Crack in manufacturing widens

News Source: Daily News & Analysis | 11 months ago

Fears of a slump in manufacturing sector during the current fiscal are now ominously coming true, with the growth rate in the Index of Industrial Production (IIP) during October 2008 turning negative (-0.4%) on a year-on-year basis...With a...
First time in 14 years, India's industrial production shrinks

News Source: Telegraph India | 11 months ago

First time in 14 years, Indias industrial production shrinks New Delhi, Dec. The dog days have returned to haunt India Inc after a gap of over 14 years...Industrial production fell by 0.4 per cent in October this year as against a 12.2-per cent...
First in 15 years: Industry posts negative growth

News Source: Time of India | 11 months ago

Industrial output, which had been slowing down for some time, has now recorded an absolute decline with the index of industrial production for October down 0.4% from the same month in 2007. This is the first time in 15 years that year-on-year growth...
India’s industrial output contracts after 15 years

News Source: The Hindustan Times | 11 months ago

This has lowered the average growth of the IIP for the first six months of the current financial year to 4.1 per cent, compared with 9.9 per cent in the previous year. The IIP had risen by 12.2 per cent in October 2007, with manufacturing rising by...
Big slump in industrial growth

News Source: Hindu | 11 months ago

For the first time in 15 years, the country’s industrial growth has slipped into negative territory with a 0.4 per cent year-on-year decline in October 2008, clearly reflecting the deepening impact of the global economic downturn...This figure,...