India's June IIP Grows 7.8% On YOY Basis

India's Index of Industrial Production grew 7.8% for this June on a year-on-year basis, says a release of the Ministry of Statistics and Programme Implementation.

Mining sector reported the highest growth rate of 15.4%, followed by electricity (8%) and manufacturing (7.3%).

The cumulative growth during the April-June quarter of fiscal 2009-10 was 3.7% on a year-on-year basis.