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âš¡India's February IIP Rises to 4.5%, Manufacturing Sector Output Grows by 3.2%

By Saurav Mukherjee

India's index of industrial production (IIP) for the month of February 2020 has come in at 4.5 percent beating revised 2.1 percent in the preceding month amid the coronavirus lockdown. NSO data shows IIP had grown by 0.2 percent in February 2019, while the output of manufacturing sector rose by 3.2 percent compared to contraction of 0.3 percent in the same month in 2019.

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