01-16-2011, 05:24 AM
NEW DELHI: Industrial growth nosedived to 2.7 per cent in November 2010 against 11.3 per cent in the same period a year-ago, pulled down by dismal performance of manufacturing sector, particularly the consumer non-durables.
In October 2010, the Index of Industrial Production (IIP) had expanded by 11.29 per cent.
The industrial growth during April-November of this fiscal stood at 9.5 per cent, against 7.4 per cent in the corresponding period last year, according to an official data released here on Wednesday.
In November, manufacturing growth plummeted to 2.3 per cent against 12.3 per cent a year ago. http://timesofindia.indiatimes.com/busin...266514.cms
In October 2010, the Index of Industrial Production (IIP) had expanded by 11.29 per cent.
The industrial growth during April-November of this fiscal stood at 9.5 per cent, against 7.4 per cent in the corresponding period last year, according to an official data released here on Wednesday.
In November, manufacturing growth plummeted to 2.3 per cent against 12.3 per cent a year ago. http://timesofindia.indiatimes.com/busin...266514.cms