India’s industrial production rose sharply by 6.7% in November, recording its fastest growth in over two years, according to official data.
The surge was mainly driven by a strong recovery in manufacturing output, which grew around 8%, supported by higher production of automobiles, pharmaceuticals, metals and consumer goods.
Mining activity also showed improvement, reflecting steady demand. However, electricity generation remained weak, showing a slight contraction during the month.
The sharp rise in the Index of Industrial Production (IIP) marks a significant rebound from October’s muted performance and signals improving economic momentum amid festive demand and rising consumption.