India’s industrial production rose 5.2 per cent in May, based on the official knowledge launched on Wednesday. Factory output measured in phrases of the Index of Industrial Production (IIP) grew 19.7 per cent in May 2022. The knowledge launched by the National Statistical Office (NSO) confirmed that the manufacturing sector’s output elevated by 5.7 per cent in May 2023. Mining output rose 6.4 per cent through the month beneath evaluate. Power output grew 0.9 per cent in May 2023.
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