Industrial manufacturing grew by 5.8 per cent in Monetary Yr 2024 towards 5.2 per cent enlargement in 2022-23, the federal government information stated on Friday. In March, the commercial manufacturing was at 4.9 per cent towards 1.9 per cent a yr in the past, the information added.
The information launched by the Nationwide Statistical Workplace (NSO) confirmed that 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. The IIP grew 5.8 per cent throughout fiscal yr 2023-24 in comparison with a 5.2 per cent enlargement within the previous fiscal.
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