industrial growth

industrial growth in April this year stood at a massive 13.6 per cent against 9.9 per cent in the same month last year.Manufacturing sector led the surge — figures for which were released today in the index for industrial production (IIP) — expanding by 15.1 per cent in April against the 11 per cent growth in April 2006. Manufacturing, which makes up about 15 per cent of gross domestic product and nearly 80 per cent of industrial output, has the highest weight in the index.The index also gave revised data for March, showing annual growth of 14.5 per cent instead of a provisional 12.9 per cent. While the mining sector recorded a flat 3.4 per cent growth, there was a slight improvement in the power generation sector, which recorded a 8.7 per cent growth this April against 5.9 per cent in April last year.