Quick estimates of index for textiles industry

26/01/2007
 
The Central Statistics Organisation of the Indian government has released its Quick Estimates of Index for Industrial Production (IIP) in November.

Industrial production registered significant growth of 14.4% compared with November 2005the highest reported in over a decade. During the first eight months (April to November) IP increased by 10.6% compared with 8.3% in the same period last year.

11 of the 17 industry groups included showing positive growth in November compared with the corresponding month of the previous year including ‘Cotton Textiles’ (18.3%), ‘Wool, Silk and Man-made Fibre Textiles’ (18.2%),  and ‘Textile Products including Wearing Apparel’ (16%).