Key Points
According to official figures issued on Tuesday, Indias industrial production growth increased to a 16-month high of 11.7% in October, mostly because the manufacturing, electricity, and mining sectors had double-digit increases in output...
June 2022 saw the previous peak of IIP growth, which was measured at 12.6%...
The capital goods segment increased by 22.6% in October of this year according to use-based classification, as opposed to a 2.4 per cent contraction in the year-ago month...
The information also revealed that, in comparison to the same period last year, the output of primary goods increased by 11.4% in the month...
Octobers intermediate goods output increased by 9.7% compared to a 2.3% growth decline in the same month the previous year...
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