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India's industrial production grows 10.3% in August, highest since June 2022
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India's industrial production in August rose to 10.3 per cent on an annual basis after growing 5.7 per cent in July, official data showed on Thursday. Factory output measured in terms of the Index of Industrial Production (IIP) had contracted by 0.7 per cent in August 2022.
Mining output rose by 12.3 per cent in August 2023 after contracting 3.9 per cent in the same period a year ago.
Manufacturing output posted a growth of 9.3 per cent in August 2023 after contracting 0.5 per cent in August 2022.
Electricity output grew by 15.3 per cent in August this year after posting a growth of 1.4 per cent a year ago in the same month.
The IIP grew by 6.1 per cent in April-August 2023 compared to 7.7 per cent in the same period of 2022-23.
About this in other media
Industrial & Warehousing demand in India's top 5 cities drops 12% in Q3 2023: Report livemint.com /1 year ago
South Indian Bank Q2FY24 earnings: Net profit up 23.3% to ₹275 crore; NII grows 14.3% livemint.com /1 year ago
Hyderabad residential property registrations rise by 30% YoY in September 2023: Knight Frank India Report livemint.com /1 year ago
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