CIN : L74899DL1996PLC077120
  title  Market News Updates
IIP Grows by 3.6% in OctoberPosted on: 17/12/2020 10:13 am
Industrial activity expanded for second consecutive month, registering a growth of 3.6% in the month of October, while growth for the month of September was revised upwards to 0.5% from provisional estimate of 0.2%. The pick-up is largely attributed to a favourable base (IIP contracted 6.6% in Oct’19), even though, manufacturing activity expanded for the first time in this financial year, thus contributing to the uptick in the overall IIP number.