IIP Growth Accelerated to 5.2 % in November 2024

Highlights:

  • IIP accelerated to a 6–month high of 5.2% in November.
  • Broad-based improvement was seen in the manufacturing, electricity and mining sectors
  • Output of consumer durable goods grew, supported by a favourable base
  • While growth in output of consumer non-durables slowed
  • Recovery in consumption and investment scenario remains critical for IIP IIP_Report_-_November_2024