India s industry output contracts 1.9% in November, bucks revival trend
During April-November period of the fiscal year 2020-21, the IIP growth contracted 15.5 per cent as against a 0.3 per cent growth in the year ago period, the data from MoSPI showed
BusinessToday.In | January 12, 2021 | Updated 18:39 IST
IIP contracts 1.9 per cent in November
India s industrial output, measured by the Index of Industrial Production (IIP), contracts 1.9 per cent year-on-year (y-o-y) in the month of November, according to the data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Tuesday. The country s industrial output had grown by 2.1 per cent in November 2019 and 4.2 per cent (revised) in October 2020, the government data showed.