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The Times of India

Business

PTI

Industrial production grows at a year-high of 19.6% in May

Mining India New Delhi

NEW DELHI: India's industrial production (IIP) grew the highest in a year at 19.6 per cent in May 2022, mainly due to strong performance by manufacturing, power and mining sectors, according to the government data released on Tuesday.

Factory output, measured in terms of Index of Industrial Production (IIP), had recorded a growth of 27.6 per cent in May 2021 due to low base effect, the data showed.

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