India News | Industrial Production Contracts 1.9 Pc in Nov
Get latest articles and stories on India at LatestLY. India's industrial production contracted by 1.9 per cent in November, official data showed on Tuesday.
New Delhi, Jan 12 (PTI) India's industrial production contracted by 1.9 per cent in November, official data showed on Tuesday.
According to the Index of Industrial Production (IIP) data, manufacturing sector output shrank by 1.7 per cent in November 2020.
Mining output also declined 7.3 per cent, while power generation grew 3.5 per cent.
The IIP had grown by 2.1 per cent in November 2019.
Industrial production has been hit due to the COVID-19 pandemic since March last year when IIP contracted by 18.7 per cent in the month.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)