India's Apr industrial output growth almost flat at 0.1% on-yr as capital goods, mining fall

New Delhi: India's industrial production grew at a weak 0.1% on-year in April on account of fall in output in capital goods and mining sectors, government data showed Tuesday.

Industrial output fell in March from a year earlier by 3.2% (revised).

The capital goods production during April contracted 16.3%, while mining output fell 3.1%, the Ministry of Statistics & Programme Implementation said in a statement.

The manufacturing production, which has 75.5% weight in the index of industrial production (IIP), rose 0.1%, while electricity sector grew 4.6%, it said.

The consumer durables production grew 5% during the month, while consumer non-durables production rose 5.4%. The overall consumer goods output rose 5.2% in April, the data showed.

The cumulative industrial growth for the full fiscal year ended March 31, 2012 was at 2.8% against 8.2% in the corresponding period in the previous fiscal year.

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