Indias factory output, measured in terms of Index of Industrial Production (IIP), witnessed a growth of 19.6% in May 2022. IIP grew 7.1% in April 2022. The manufacturing sector recorded a growth of 20.6% in May. The mining sector rose by 10.9% and the electricity sector climbed 23.5%. IIP is an index that details out the growth of various sectors in the economy. Release of the Index for June 2022 will be on Friday, 12 August 2022. Powered by Capital Market – Live News
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