Perspective on IIP Data by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
Below the Perspective on IIP Data by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
“The sharp rebound in IIP growth to 6.7% in November reflects a broad-based recovery, led by manufacturing, particularly in basic metals, pharmaceuticals, and automobiles. The strength in capital goods and infrastructure-related output points to improving investment activity, while the decline in electricity generation largely reflects post-festive normalization rather than a slowdown in underlying industrial demand.”
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