India's Index of Industrial Production contracted 2.3% in March 2009 compared to 5.5% growth in March 2008, the Ministry of Statistics & Programme Implementation said in a release.
The Manufacturing index contracted 3.3% in March 2009 against growth of 5.7% in the corresponding month of last year. The electricity generation increased 6.3% compared to 3.7% and mining output was down at 0.4% from 4.9%.
The industrial output grew 2.4% for the period of April-March 2008-09 compared to 8.5% in the same period of last year.
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