India’s industrial production expands to six-month high of 5.2% in November
4 days, 4 hours ago

India’s industrial production expands to six-month high of 5.2% in November

Live Mint  

India's industrial output surged to a six-month high of 5.2% annually in November, driven by strong gains in the manufacturing sector. Manufacturing output rose 5.8% in November, while electricity generation and mining activity grew by 4.4% and 1.9%, respectively, according to the latest data released by the Ministry of Statistics and Programme Implementation on Friday. Despite the November rebound, industrial output growth for the April-November period stood at 4.1%, lower than the revised 6.5% growth recorded during the same period last year. By this yardstick, overall industrial growth was modest at 4.4%, driven by consumer durables and infra/construction goods, with a distinctly lacklustre performance of primary goods and consumer non-durables,” said Aditi Nayar, chief economist and head – Research & Outreach at ICRA Ltd. "ICRA expects the IIP growth to moderate to ~3-5% in December 2024 from 5.2% in November 2024, partly on account of an unfavourable base," Nayar said.

History of this topic

The week in charts: GDP estimate, Nadella’s plan, ₹100 crore homes
3 days, 14 hours ago
Low-base effect lifts industrial production to seven-month high
3 days, 15 hours ago
India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN
3 days, 23 hours ago
India’s Growth Slowdown Meets Global Headwinds
4 days, 2 hours ago
India’s Industrial Output Hits 6-Month High at 5.2%
4 days, 2 hours ago
India’s economy projected to grow 6.6% in 2025, supported by strong private consumption, investment: UN
4 days, 8 hours ago
Decoding India’s growth slowdown
Trending News
4 days, 12 hours ago
Mint Primer: Why consumer demand needs a quick revival
5 days, 15 hours ago
​Growth chill: On the economy
5 days, 20 hours ago
DC Edit | Fall in consumption signals economic slump lies ahead
5 days, 20 hours ago
SBI downgrades India’s GDP growth forecast to 6.3% for FY25, citing economic challenges
Trending News
6 days, 11 hours ago
GDP growth in FY25 may hit 4-year low. Is Indian economy losing steam?
Top News
6 days, 15 hours ago
India's power output growth in 2024 slowest since pandemic: Report
6 days, 15 hours ago
India’s real GDP expected to rise 6.4% in FY25
1 week ago
India's GDP growth may hit 4-year low of 6.4% in FY25, shows government data
1 week ago
India’s services sector growth rises to a four-month high in December
Trending News
1 week, 1 day ago
Watch: Indian economy: what to expect in 2025?
1 week, 4 days ago
India's manufacturing activity grew at its weakest pace in 2024
1 week, 5 days ago
A sombre December manufacturing PMI curbs enthusiasm
Trending News
1 week, 5 days ago
India’s manufacturing growth at 12-month low in December
Trending News
1 week, 5 days ago
India’s factory output at 12-month low, December second month of declining activity in a row
Trending News
1 week, 5 days ago
India’s manufacturing sector showed robust job creation, December PMI at 56.4
1 week, 5 days ago
India’s Core Sector Growth Rose to a Four-Month High of 4.3 PC in November
Trending News
1 week, 6 days ago
India's core sector growth hits four-month high of 4.3% in November
2 weeks ago
Core Sector Growth In India Climbs To 4-Month High In Nov, Cement, Fertiliser, And Electricity Perform Well
2 weeks ago
Prospects for Indian Economy Improving Says RBI Gov
2 weeks ago
India FY25 GDP: Indian economy poised to grow 6.6% in FY25 on revival in urban, rural demand: RBI Report
2 weeks, 1 day ago
Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte
2 weeks, 2 days ago
India Sees Economic Growth at 6.5% for the Year Through March
2 weeks, 5 days ago
Indian economy to grow nearly 6.5% in FY25 amid global triggers, GDP to bounce back in second-half: FinMin report
2 weeks, 5 days ago
India’s Economy Is Likely to Grow by 6.5 per Cent in the Current and the Next Financial Year
2 weeks, 6 days ago
India’s high-frequency indicators recovering in Q3, to lift GDP in H2: RBI December Bulletin
Trending News
3 weeks ago
Economy rebounds in Q3 with boost from festivals and rural demand: RBI
3 weeks ago
India in 2025: Challenges are resurfacing but so are opportunities
3 weeks, 5 days ago
GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
4 weeks ago
GDP growth slowing down to 5.4% in second qtr only a temporary blip: Sitharaman
4 weeks ago
Will India's economic growth pick up pace? Nirmala Sitharaman answers
4 weeks ago
India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October
Trending News
4 weeks, 1 day ago
India’s Private Sector Hits 4-Month High in December: PMI Data
4 weeks, 1 day ago
India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows
4 weeks, 1 day ago
India’s retail inflation eases to 5.48%, industrial production rises to 3-month high
1 month ago
Govt confident of economic rebound despite global challenges, says Piyush Goyal
1 month ago
Corporates in India see 4x profit but keep salaries stagnant: Report
1 month ago
Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P
1 month ago
Vivek Kaul: India’s GDP growth slump holds lessons in forecasting
1 month ago
SBI forecasts GDP growth of 6.3%, lower than RBI's 6.6% estimate for FY25
1 month, 1 week ago
December quarter will make up for poll-induced growth slowdown: Nirmala Sitharaman
1 month, 1 week ago
GDP to Grow 6.8 PC in FY25: OECD
1 month, 1 week ago
India’s GDP growth shocker: Bad news can be good too
1 month, 1 week ago

Discover Related