Industrial output grows 5.2% in November
The Hindu
India's industrial production growth surged to 5.2% in November 2024, driven by manufacturing sector, according to official data.
India's industrial production growth accelerated to 5.2% in November this year, mainly due to good show by manufacturing sector, according to official data released on Friday (January 10, 2025).
The factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a growth of 2.5% in November 2023.
India's Index of Industrial Production increased by 5.2% in November 2024, an official statement said.
The data released by the National Statistical Office (NSO) showed that the manufacturing sector's output grew 5.8% in November 2024, up from 1.3% in the year-ago month.
Mining production rose 1.9%t and power output increased 4.4% in November 2024.
In the April-November period, the IIP grew 4.1%, down from 6.5% in the year-ago period.
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