India, Jan. 29 -- India's industrial activity strengthened further in December, with the Index of Industrial Production (IIP) rising 7.8% year on year, marking the highest growth in over two years, data by the National Statistical Office showed. The December print follows a revised 7.2% growth recorded in November and signals a broad-based pickup in industrial momentum. Manufacturing, which carries the highest weight of 77.6% in the index, grew 8.1%. P16
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