Insta
A factory (Manoj Patil/Hindustan Times via Getty Images)
India’s industrial output grew 8.4 per cent in November 2017, data released by the Central Statistics Office shows, according to Bloomberg.
This is the fastest the index of industrial production rose in 19 months, the report says, noting that the industrial output last rose faster than November 2017 in March 2016 at around 9.8 per cent.
According to the report, the rise was driven by manufacturing growth. The manufacturing sector grew 10.2 per cent in November, compared with 4.8 percent in November 2016.
Earlier, in a poll conducted by Bloomberg, economists had suggested the industrial production would grow at 4.4 percent on a year-on-year basis.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest