May 10, 2024 7:15 PM

India’s industrial production surges by 4.9% in March

India's industrial sector witnessed a significant growth in March 2024, with the Index of Industrial Production (IIP) rising by 4.9% compared to the same period last year. This growth reflects a positive trend in the country's manufacturing, mining, and electricity sectors. According to the latest data released by the Ministry of Statistics & Programme Implementation, the Quick Estimates of IIP for March 2024 stand at 159.2, based on the 2011-12 index. Among the sectors, manufacturing recor...