India’s manufacturing sector output grew 5.2 per cent in March 2024 towards 1.5 per cent within the year-ago month. (Picture: Manufacturing In the present day)
Through the full monetary yr 2023-24, the Index of Industrial Manufacturing grew 5.8 per cent as in contrast with a 5.2 per cent enlargement within the previous fiscal
India’s industrial manufacturing grew 4.9 per cent in March this yr, in response to official information launched on Friday. The manufacturing facility output, measured by way of the Index of Industrial Manufacturing (IIP), had grown 1.9 per cent in March 2023.
Based on the newest information launched by the Nationwide Statistical Workplace (NSO), the manufacturing sector’s output grew 5.2 per cent in March 2024 towards 1.5 per cent within the year-ago month.
In March this yr, mining manufacturing rose 1.2 per cent, and energy output elevated 8.6 per cent.
Through the full monetary yr 2023-24, the IIP grew 5.8 per cent as in contrast with a 5.2 per cent enlargement within the previous fiscal.
