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Just In: September IIP grows more than expected at 2.5%

12 Nov 2014 Evaluate

In an extremely positive development, India's industrial growth for September came in at 2.5% versus 0.4% for August. The cumulative growth for the period April-September 2014-15 over the corresponding period of the previous year stands at 2.8%.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of September 2014 stand at 116.0, 181.6 and 175.6 respectively, with the corresponding growth rates of 0.7%, 2.5% and 3.9% as compared to September 2013.