The Index of Industrial Production (IIP) growth rate in July stood at 3.5 per cent, increasing from 1.5 per cent in June, driven by manufacturing activity. The output growth is the sharpest in the last four months.
According to data shared by the Ministry of Statistics & Programme Implementation on Thursday, the growth rates of the three key sectors, including mining, manufacturing, and electricity, stood at - 7.2 per cent, 5.4 per cent and 0.6 per cent, respectively, for July.
