Riding on a high growth in the manufacturing sector, industrial production continued its upward trend, rising by 4.9 per cent during April this year as against 4.1 per cent during the same period of 2002.According to the quick estimates of Index for Industrial Production (IIP), the mining sector also contributed to the industrial growth, up by 8.3 per cent during the period. The sector registered a turnaround after growing at a meagre 3.6 per cent during April, 2002. The mining sector grew at a rate of 5.7 per cent during the 2002-03 financial year. The manufacturing sector grew by 5 per cent during April 2003 as against 4 per cent in the corresponding period of the previous fiscal. However, production in electricity sector fell to 1.9 per cent during the first month of the current fiscal from 5.2 per cent in the year-ago period.
