INSUBCONTINENT EXCLUSIVE:
India's industrial production growth was the lowest in 9 months in November 2021New Delhi: India's industrial output on the basis of
index of industrial production (IIP) slowed to 1.4 per cent in November 2021 compared to 4 per cent in October.Though the growth was there
on year-on-year basis, it was the most affordable in 9 months and has come after months of high growth, according to information released by
National Statistical Workplace (NSO) said.In November 2021, output of all 3 sectors - production, mining, and electrical power - grew at a
slower speed on a year-on-year basis
Growth in mining output more than cut in half to 5.0 per cent, while producing output increased by a mere 0.9 per cent.In October 2021,
production of the mining sector had actually increased 11.5 per cent while that of production had actually risen 3.1 per cent.As per the
use-based category, all 6 classifications saw a wear and tear in their efficiency in November 2021
Production of primary items increased 3.5 per cent year-on-year, down from 9.0 percent in October 2021, while that of intermediate and
infrastructure items increased 2.5 percent and 3.8 percent, respectively.In October 2021, output of intermediate items had actually risen
3.8 per cent year-on-year
Infrastructure items production had actually increased 6.6 percent.
