India, Dec. 29 -- India's industrial growth in November was the fastest in two years, on the back of strong manufacturing and mining activity.
The index of industrial production (IIP)-which measures factory output in the world's fifth largest economy-accelerated 6.7% year-on-year as against 5% in the year-ago period, according to government data released on Monday. The previous high was recorded at 11.9% in November 2023. The IIP figure for October was revised to 0.5% as against 0.4% earlier.
India's industrial output in April-November grew 3.3% as compared to a revised increase of 4.1% a year earlier, according to government data.
Published by HT Digital Content Services with permission from Hindustan Times....
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