Industrial output growth slows to 3-month low of 3.2% in December

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Times of India 6h ago

Industrial output growth slows to 3-month low of 3.2% in December - Times of India

Quick Summary:

India's industrial production growth slowed to 3.2 per cent in December 2024, driven by a poor performance in mining and manufacturing sectors.

The IIP grew 4 per cent during April-December 2024, with power output increasing to 6.2 per cent, while consumer non-durables output contracted by 7.6 per cent.

The government has also revised the November 2024 industrial output figure to 5 per cent from the provisional estimate of 5.2 per cent released in the previous month.