India's Industrial Production Index Shows Strong Growth in June 2024
Monday, 12 August 2024, 22:16
India's Industrial Production Growth
The Ministry of Statistics and Programme Implementation has reported a significant increase in India's Index of Industrial Production (IIP). This report highlights a growth rate of 4.2% in June 2024.
Key Growth Insights
- Previous growth rates included 10.3% and 2.6%.
- This indicates a strong recovery in the industrial sector.
- Robust manufacturing output drives the positive trend.
This growth reflects the resilience and potential of the Indian economy, suggesting a continuing upward trajectory as the industrial sector rebounds.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.