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IIP Growth Hits 6-Month High of 5.2% in November
Hindustan Times Rajasthan
|January 11, 2025
India's industrial production (IIP) growth accelerated to a six-month high of 5.2% year-on-year in November 2024, riding on the increased festive demand and pick up in manufacturing sector, according to the official data released on Friday.
NEW DELHI:
The IIP recorded a growth of 2.5% in November 2023, according to a statement by the Ministry of Statistics & Programme Implementation.
The previous high growth rate at 6.3% was recorded in May 2024. It grew by 4.9% in June and 5% in July 2024.
The IIP growth was flat in August before picking up at 3.1% in September and 3.7% in October 2024.
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