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India's Industrial Production Growth in September 2024

India's Industrial Production Growth in September 2024
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India's Industrial Production Growth in September 2024

Key AspectDetails
Why in NewsIndia's industrial production rebounded in September 2024 with 3.1% growth.
Overall IIP Growth3.1% in September 2024, up from 0.1% contraction in August 2024.
Sectoral Growth- Manufacturing: 3.9%
- Electricity: 0.5%
- Mining: 0.2%
Use-based Classification- Primary Goods: 1.8%
- Capital Goods: 2.8%
- Intermediate Goods: 4.2%
- Infrastructure/Construction Goods: 3.3%
- Consumer Durables: 6.5%
- Consumer Non-Durables: 2%
IIP Indices (Sept 2024)- Manufacturing: 147.0
- Mining: 111.7
- Electricity: 206.9
Manufacturing Sub-sectors- Coke and refined petroleum products: 5.3%
- Basic metals: 2.5%
- Electrical equipment: 18.7%
April-Sept 2024 IIP Growth4.0%, lower than 6.2% in the same period in 2023.
Previous Year ComparisonIIP growth in September 2023 was 6.4%.

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