India’s industrial output up 1.4 p.c in November

Digital Desk, New Delhi. India’s industrial manufacturing has registered a development of 1.4 p.c in November 2021. Nevertheless, in comparison with the expansion of a month earlier, this bounce is way much less. The Index of Industrial Manufacturing (IIP) for November 2021 has grown by just one.4 per cent as towards a development of over 4 per cent reported in October 2021.

Nevertheless, the manufacturing price has been recorded larger on year-on-year foundation. Based on official information launched on Wednesday, industrial manufacturing declined by 1.6 per cent in November 2020. That’s, it was recorded within the minus.

For November 2021, the fast estimate of the Index of Industrial Manufacturing (IIP) with base 2011-12 is 128.5, the Ministry of Statistics and Program Implementation stated in an announcement.

Based on the assertion, the indices of commercial manufacturing for the mining, manufacturing and energy sectors for the month of November 2021 stand at 111.9, 129.6 and 147.9, respectively.



Leave a Reply

%d bloggers like this: