
Profit From IT (Profit Finstock Pvt Ltd) (MONEY AT WORK)
February 13, 2025 at 07:28 AM
📊 India’s IIP Grows 3.2% in December 2024: Key Insights 🚀
India’s Index of Industrial Production (IIP) rose 3.2% in December 2024, driven by 6.2% growth in electricity, 3.0% in manufacturing, and 2.6% in mining. Notably, electrical equipment manufacturing surged 40.1%, reflecting strong demand from 5G and energy projects.
🔹 Capital goods (+10.3%) and infrastructure goods (+6.3%) signal robust industrial investment. However, consumer non-durables fell (-7.6%), indicating rural demand weakness.
💡 Explore detailed sector insights and future outlook:
👉 https://www.profitfromit.co.in/blog/India-s-Index-of-Industrial-Production-IIP-Records-3-2-Growth-in-December-2024
#iip #economicgrowth #manufacturing #investment #industryinsights #profitfromit 🚀
