North News
New Delhi, January 10
India’s Index of Industrial Production (IIP) rose 5.2% in November 2024, compared to 3.5% in October, signaling robust economic activity said the Ministry of Statistics and Programme Implementation on Friday. The manufacturing sector led the charge with 5.8% growth, followed by electricity at 4.4% and mining at 1.9%. Key contributors included basic metals (+7.6%), electrical equipment (+37.2%), and non-metallic mineral products (+12.0%). Infrastructure and construction goods surged 10%, while consumer durables grew 13.1%. The IIP stood at 148.4, marking a notable improvement from 141.1 in November 2023, the ministry said.
