India’s industrial production sees a rise to a 14-month high of 10.3% in August
As per the data released by the Ministry of Statistics, India’s industrial output rose by 5.8 percent in September over the same month of the previous year.
Electricity generation went up by 9.9 percent during the month while mining clocked a double-digit growth of 11.5 percent.
The manufacturing sector which generates quality jobs for young engineers and college graduates who pass out every year grew by a mere 4.5 percent.
India’s industrial output had risen to a 14-month high of 10.3 percent in August. While the high growth for the month was in comparison to a very low base of minus 0.7 percent in August 2022, when the country’s industrial production had actually contracted, it reflected a welcome turnaround.
[With Inputs from IANS]
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