INDIA'S FACTORY OUTPUT, based on the Index of Industrial Production (IIP), grew at a three-month high of 3.5% in October, due to a broad-based pick up in output of all the three sectors - manufacturing, mining, and electricity - amidst the festive season, official data released on Thursday showed.
The output of manufacturing and electricity grew by 4.1% and 2%, respectively, on a year-on-year basis in October. And that of mining grew marginally by 0.9%.
The growth rates of all the three sectors were the highest in three months, the data showed.
Analysts say that manufacturing growth was supported by festive demand, as output of electricals and electronics, apparels, food products, and other transport equipment improved.
Bu hikaye Financial Express Delhi dergisinin December 13, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Delhi dergisinin December 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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