Industrial growth in Q1 touches 7.6%

Buovancy in the manufacturing sector pulled up the index of industrial production (IIP) to 7.6 pc in the first quarter of the current fiscal compared to 5.7 pc registered in the same period last year.

The manufacturing sector registered a growth of 7.9 pc in April-June 2004-05 against a 6 pc growth posted in the first three months of the previous fiscal, as per figures released by the Central Statistical Organisation.

The mining sector grew at 6.1 pc and the electricity sector at 5.8 pc in the first fiscal of the 2004-05, their respective growths in the same period of 2003-04 was 5.6 pc and 4.2 pc.