Power, mining take UP’s industrial output past India average in June

Uttar Pradesh’s industrial output grew 3.2 per cent year on year in June, surging past India’s industrial growth index of 2 per cent during the same month.

The state’s industrial production uptick was largely aided by robust growth in the power and mining sectors.

The state’s electricity, mining and manufacturing sectors expanded by 8.7 per cent, 4 per cent and 2.5 per cent, respectively this June, over the same month last year, according to the Quick Estimates of Index of Industrial Production on base year 2011-12 released by the Economics and Statistical Division of the State Planning Institute, UP.

Interestingly, India’s industrial output growth had slipped to a 4-month low of 2 per cent this June due to subdued performance in mining and manufacturing. Factory output, measured by the Index of Industrial Production (IIP), had expanded by 7 per cent in June 2018, even as the previous low in federal IIP index was recorded in February 2019, when it hit 0.2 per cent.