The Index of Industrial Production (IIP) zoomed out by 5.9% in November of 2011 against the drop in output of 5.1 percent in the previous month.
During the period, the manufacturing sector, which got a weightage of 75% in India’s GDP, soared 6.6% in November against the negative growth of 6% recorded in the corresponding period of the preceding year.
Mining sector had registered a negative growth of 4.4 percent in November against the fall in output of 7.2% in the previous month and 6.9% increase on yearly basis.
Electricity growth was increased by 14.6%, capital goods sector output declined 4.6%, basic goods growth was at 6.3%, intermediate goods growth was at 0.2%.
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