Manufacturing recorded a growth of 2.9 per cent against 5.6 per cent in January 2000, while electricity dropped to 1.4 per cent against 3.2 per cent recorded last year. The mining sector, however, performed well in January 2001, and grew by 3.5 per cent against 0.4 per cent growth achieved last January.

In the April 2000-January 2001 period, the IIP grew by 5.4 per cent against a 6.3 per cent growth in the comparable period last fiscal. The manufacturing sector grew by 5.6 per cent in the first ten months against 6.8 per cent recorded in the previous year. The electricity sector recorded a growth of 4.5 per cent against 7.2 per cent, while the mining sector grew by 4.2 per cent in comparision to 0.5 per cent recorded in the first ten months of the previous fiscal.

According to the use-based classification, basic goods grew by 1.1 per cent in January 2001, as against 3.1 per cent last January. Intermediate goods grew by 4.6 per cent against 6.4 per cent. Capital goods experienced a negative growth of 0.4 per cent against a negative growth of 1.5 per cent recorded in January 2000. Consumer durables grew by 8.4 per cent in January 2001, against 7.4 per cent last January, while consumer non-durables recorded a lower growth of 3.6 per cent against 6.2 per cent.

In the April-Jan period, basic goods recorded a growth of 4.6 per cent against 5 per cent recorded in the comparable period last fiscal. Capital goods grew by 2.7 per cent against 6.6 per cent. While consumer durables grew by 16.5 per cent against 13.3 per cent last fiscal, the growth of non-durables was at 5.2 per cent against 2.8 per cent.