India’s industrial output declined 16.7 per cent in March, mainly due to poor performance in mining, manufacturing and electricity.
This is attributed to a nationwide lockdown since March 25 over COVID-19, data released by the Ministry of Statistics and Programme Implementation showed on Tuesday.
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According to the data, the Index of Industrial Production (IIP) had grown by 2.7 per cent in March 2019.
Manufacturing sector’s output plunged 20.6 per cent compared to a growth of 3.1 per cent in the same month a year ago.
Electricity generation declined by 6.8 per cent as against a growth of 2.2 per cent in March 2019.
Mining sector’s output remained flat compared to a growth of 0.8 per cent earlier, added the data.
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