Industrial production expands by 7.1% in Nov 2022 vs -4% in Oct: Govt data

The mining output rose by 9.7 per cent and power generation increased by 12.7 per cent during the month under review

India's industrial production growth rose to a five-month high of 7.1 per cent in November on the back of better showing by manufacturing, according to official data released on Thursday.

The rise in the factory output measured by the Index of Industrial Production (IIP) comes after a contraction of 4.2 per cent in October. The previous high was recorded in June 2022 at 12.6 per cent.

As per the IIP data released by the National Statistical Office (NSO), the manufacturing sector's output grew by 6.1 per cent in November 2022.

The mining output rose by 9.7 per cent from 4.9 per cent in