Industrial output hovers below 3.5pc in March

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Industrial output hovers below 3.5pc in March

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Energy crisis with hike in POL and power prices have reduced the total industrial production to 3.5%

16 May,2012 01:07 pm

The statistics were recorded for the month of March.In comparison to last year’s statistics of March, the production of seven petroleum products was lowered to 18-32 percent while steel products production was decreased to 62 percent.Meanwhile, the manufacturing of six major electronic products was reduced to 53 percent while the production of pharmaceuticals was increased to 9 percent.