Tag Archives: IIP

New Delhi: Stung by the coronavirus pandemic, industrial production contracted 8 percent in August, mainly due to lower output from the manufacturing, mining and power generation sectors, official data showed on Monday. According to data from the Industrial Production Index (IIP), the production of the manufacturing sector registered a decrease …

India’s manufacturing activity expanded at its fastest pace in more than eight years in September, as a relaxation in coronavirus lockdown restrictions fueled a surge in demand and production, a private survey showed Thursday, though layoffs continued. Signs of recovery are good news for Asia’s third-largest economy, which is expected …