The growth in Index of Industrial Production (IIP) is at 4.2 per cent for July 2015. In the first four months, manufacturing sector has increased by 4.0 per cent in 2015-16 as compared to 2.8 per cent in 2014-15. Slowly the manufacturing sector is firming up and emerging as a leader. It has increased by 4.7 per cent in July 2015. The Capital goods segment has registered an impressive growth of 10.6 per cent, boosted by positive growth in production of commercial vehicles, transformers, cylinders, aluminium conductors etc. Consumer durables goods sector has, like last month, recorded double digit growth of 11.4 per cent, boosted by growth in passenger cars and gems and jewellery.