India's industrial production grows 6.7 pc in November

NEW DELHI: India's factory activity growth, measured by the Index of Industrial Production (IIP), rose 6.7% in November, according to the latest government data.

The IIP growth rate for November is 6.7% compared with a quick estimate of 0.4% in October, the data issued by the federal Ministry of Statistics and Programme Implementation said on Monday.

The ministry stated that the surge in industrial output was driven by an 8% growth in the manufacturing sector.

The growth rates of the three sectors — mining, manufacturing and electricity — for November are 5.4%, 8% and -1.5% respectively, the ministry’s data showed.

By RSS/Xinhua