India’s index of industrial production (IIP) grew by 1.2 per cent YoY in May, driven by a 2.6-per cent YoY manufacturing growth.
The quick estimate of IIP stood at 156.6 in May this year against 154.7 in the same month last year.
The indices for manufacturing of textiles and apparel were 104.1 and 126.6 respectively in May, representing YoY growths of minus 2.7 per cent and 2.4 per cent.
