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Apr 12, 2021
  • economy

India's Industrial Production Contracted by 3.6% in February: NSO Data

Industrial production has been hit due to the COVID-19 pandemic since March last year when it contracted by 18.7%.
A worker cuts metal inside a workshop manufacturing metal pipes in Mumbai, India August 11, 2017. Photo: Reuters/Shailesh Andrade
A worker cuts metal inside a workshop manufacturing metal pipes in Mumbai, India August 11, 2017. Photo: Reuters/Shailesh Andrade

New Delhi: India’s industrial production contracted by 3.6% in February, official data showed on Monday.

According to the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), manufacturing sector output declined by 3.7% in February 2021.

Mining output slipped 5.5%, while power generation grew by 0.1% in February. The IIP had grown by 5.2% in February 2020.

During April-February, IIP contracted by 11.3% compared to 1% growth in the corresponding period of 2019-20.

Industrial production has been hit due to the COVID-19 pandemic since March last year when it contracted by 18.7%.

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