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HomeEconomyIndia's industrial production rises 3.6% in October

India’s industrial production rises 3.6% in October

According to the Index of Industrial Production data, manufacturing and electricity generation sectors registered a growth of 3.5% and 11.2%, respectively.

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New Delhi: Industrial production rose 3.6 per cent in October, mainly due to better performance of manufacturing and electricity generation sectors, official data showed on Friday.

According to the Index of Industrial Production (IIP) data, manufacturing and electricity generation sectors registered a growth of 3.5 per cent and 11.2 per cent, respectively.

The mining sector witnessed a contraction of 1.5 per cent in October.

The IIP had contracted by 6.6 per cent in October 2019.


Also read: Taskforce under PM, zero paperwork, policy certainty — GoM’s tips to boost manufacturing


 

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