Led by a recovery in manufacturing output, industrial production grew by 5.9 percent in November, 2011, after witnessing a contraction in the previous month, a development that may reverse the negative sentiment amid an economic slowdown. Factory output, as measured by the Index of Industrial Production (IIP), grew by 6.4 percent in November, 2010, as per data released by the government here today.

Meanwhile, the IIP figure for October, 2011, has been revised. The latest data indicates a 4.74 percent contraction in industrial output during the month, as against the provisional estimate of a 5.1 percent decline in production. Output of the manufacturing sector, which constitutes over 75 per cent of the index, went up by 6.6 percent in November, compared to a growth of 6.5 percent in the same month of 2010.

Power generation grew by robust 14.6 percent in November, 2011, compared to 4.6 percent in the same month of 2010. Production of consumer goods also witnessed a 13.1 percent upswing during the month under review, as against growth of a mere 0.7 percent in the corresponding month of 2010.

Furthermore, consumer durables production increased by11.2 percent, compared to a growth of 7.2 percent in November, 2010. During the month under review, output of consumernon-durables also went up by 14.8 per cent. The segment had declined by 4.4 percent in November, 2010.     However, mining output declined by 4.4 percent in November this fiscal, as against a growth of 6.9 percent in the corresponding month a year ago.     Production of capital goods also fell by 4.6 percent inthe month under review. The segment had grown by 25.7 percent in the corresponding month of 2010.