Industrial production grows by 1% in December


The IIP had grown by 0.4% in December 2019.

India’s industrial production grew by 1% in December, official data showed on Friday.

According to the Index of Industrial Production (IIP) data, the manufacturing sector output grew by 1.6% in December 2020.

Mining output declined by 4.8%, while power generation grew 5.1% in December 2020.

The IIP had grown by 0.4% in December 2019.

Industrial production has been hit due to the COVID-19 pandemic since March last year when IIP contracted by 18.7% in the month.

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