India’s industrial output up 4.8% Year-On-Year in July
NEW DELHI: India’s industrial output growth rose 4.8% in July, the second-slowest pace in the financial year 2024-25, from an upgraded 4.7% growth in June, even as mining and electricity growth slowed, and non-consumer durables’ production slipped a sharp 4.4%, marking the third contraction in four months.In absolute terms, the Index of Industrial Production (IIP) slipped to a three-month low,
NEW DELHI: India’s industrial output growth rose 4.8% in July, the second-slowest pace in the financial year 2024-25, from an upgraded 4.7% growth in June, even as mining and electricity growth slowed, and non-consumer durables’ production slipped a sharp 4.4%, marking the third contraction in four months.In absolute terms, the Index of Industrial Production (IIP) slipped to a three-month low,
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