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India's IIP sees 5.2% growth in Nov 2024 at 148.4

11 Jan '25
1 min read
India's IIP sees 5.2% growth in Nov 2024 at 148.4
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Insights

  • The growth rate of India's index of industrial production was 5.2 per cent in November 2024 and 3.5 per cent in October, quick official estimates show.
  • The IIP stood at 148.4 in November 2024 against 141.1 in November 2023.
  • The growth rate of manufacturing for November was 5.8 per cent.
  • The index for manufacturing was 147.4; 18 out of 23 industry groups saw positive YoY growth.
The growth rate of India’s index of industrial production (IIP) was 5.2 per cent in November last year and 3.5 per cent in October, according to quick estimates released recently by the ministry of statistics and programme implementation. The IIP stood at 148.4 in November 2024 against 141.1 in the same month in the preceding year.

The growth rate of manufacturing for November 2024 was 5.8 per cent; the index for manufacturing was 147.4.

Within the manufacturing sector, 18 out of 23 industry groups saw positive year-on-year (YoY) growth.

The November indices stood at 147.7 for primary goods, 106.8 for capital goods, 158.8 for intermediate goods and 180.6 for infrastructure/construction goods. The indices for consumer durables and non-durables stood at 120.5 and 158.1 respectively.

ALCHEMPro News Desk (DS)
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