India's Industrial Production Records 4.2% Growth in June
India's Index of Industrial Production (IIP) has registered a growth of 4.2% for the month of June 2024, indicating an upward momentum in industrial production.
Mon, 12 Aug 2024
According to the latest data released by the government, India's Index of Industrial Production (IIP) has registered a growth of 4.2% for the month of June 2024. This positive trend is expected to have a significant impact on the country's economy.
The IIP, which measures the performance of various industries such as manufacturing, mining, and electricity generation, has been showing a steady rise over the past few months. The growth rate in June was higher than the previous month, indicating an upward momentum in industrial production.
India's IIP records a growth of 4.2% in the June 2024
— PIB India (@PIB_India) August 12, 2024
The Quick Estimates of Index of Industrial Production and Use-Based Index for the month of June 2024 (Base 2011-12=100)
Read here: https://t.co/7RkGoVq7IG pic.twitter.com/qmuKfQwkdU
The growth in IIP is expected to have a ripple effect on other sectors of the economy, including employment, exports, and overall economic growth. As the country continues to navigate its post-pandemic recovery, such positive trends are crucial for sustaining the momentum.
For further details, readers can refer to the official data released by the government at https://t.co/EQ850sbCiV.
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