India industrial production Data: India’s industrial production grew to 3.1% in September 2024 driven primarily by gains in the manufacturing sector, the Ministry of Statistics & Programme Implementation (MoSPI) said on Tuesday (November 12).
The factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a growth of 6.4% in September 2023. However, it was in negative territory in August 2024 at (-) 0.1%.
The factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a growth of 6.4% in September 2023. However, it was in negative territory in August 2024 at (-) 0.1%.
“The IIP growth rate for the month of September 2024 is 3.1% which was (-) 0.1% in the month of August 2024,” an official statement said.
The data released by the National Statistics Office (NSO) showed that the growth in mining, manufacturing and electricity for September 2024 stood at 0.2%, 3.9% and 0.5%, respectively. In April-September this fiscal, the IIP grew 4% against 6.2% in the year-ago period.
First Published: Nov 12, 2024 4:35 PM IST
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