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Friday, September 13, 2024

India’s industrial production rises 5.8% in September

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India’s industrial production rises 5.8% in September

The manufacturing sector which generates quality jobs for young engineers and college graduates who pass out every year grew by a mere 4.5 per cent.

Electricity generation went up by 9.9 per cent during the month while mining clocked a double digit growth of 11.5 per cent.

India’s industrial output had risen to a 14-month high of 10.3 per cent in August. While the high growth for the month was in comparison to a very low base of minus 0.7 per cent in August 2022, when the country’s industrial production had actually contracted, it reflected a welcome turnaround.

–Ajit Weekly News

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News Credits – I A N S

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