The growth, however, showed an uptick from January when the it fell to a 19-month low of 1.8%. The sluggish growth will definitely have an impact on the Index of Industrial Production (IIP) as these segments account for over 40% of the total factory output. Fertiliser, steel, cement and electricity output slipped, coal and natural gas output grew higher. On the cumulative basis, the eight sectors recorded a growth rate of 4.3% during April-February (2018-19) over the same period previous fiscal. This will push up the industrial output growth to average around 4.5-5% in 2018-19.

Source: dna April 02, 2019 00:11 UTC