Industrial growth rises to 3.8% in Dec ...Middle East

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Industrial growth rises to 3.8% in Dec
New Delhi: India’s industrial growth rate recovered to 3.8% in December 2023 from the 8-month low of 2.4 per cent in November, data released by the Ministry of Statistics and Programme Implementation on Monday showed. In December 2022, India’s industrial output had grown by 5.1 per cent. The industrial growth rate for April-December 2023 now works out to 7% as compared to 5.5 percent in April-December 2022. The growth rate for December picked up on the back of a stronger performance of the manufacturing sector which posted a 3.9% growth as compared to the dismal 1.2 per cent growth in November. The manufacturing sector accounts for more than three-fourths of the index of industrial producti

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