Dynamite News India's industrial output grows 5.2% in November
Owing to festive season in November, the manufacturing sector’s output grew 5.8 per cent in November last year, up from 1.3 per cent in the year-ago month. Read further on Dynamite News:
New Delhi: India's industrial production (IIP) rose to a six-month high of 5.2 per cent in November 2024, up from 3.5 per cent in October, according to the date released by the Ministry of Statistics & Programme Implementation on Friday.
Factory output grew at 2.5% in Nov, 2023
Industrial output, measured in terms of the Index of Industrial Production (IIP), saw a growth of 2.5 per cent in November last year.
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Festive season
Owing to festive season in November, the manufacturing sector’s output grew 5.8 per cent in November last year, up from 1.3 per cent in the year-ago month.
Meanwhile, Mining production also witnessed a 1.9 per cent growth and power output also increased 4.4 per cent the month.
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Industrial output rose by 4.1% in the April-November period, compared to a revised 6.5% growth a year ago.