IIP grows 5.2% in November 2024, up from 3.5% in October
Manufacturing grew 5.8%, electricity 4.4% and mining 1.9%.
Summary
India's Index of Industrial Production (IIP) grew 5.2% in November 2024, up from 3.5% (Quick Estimate) in October 2024, as per Quick Estimates released by the Ministry of Statistics and Programme Implementation on 10 January 2025. Manufacturing grew 5.8%, electricity 4.4% and mining 1.9%. The IIP stood at 148.4 against 141.1 in November 2023, and 18 of 23 manufacturing industry groups recorded positive growth. Quick Estimates of IIP are released on the 12th of every month, or the previous working day, with a six-week lag.
Key facts
- Released
- 10 January 2025 (MoSPI)
- IIP growth, Nov 2024
- 5.2% (Oct 2024: 3.5%)
- Sectors
- Manufacturing 5.8%, Electricity 4.4%, Mining 1.9%
- Index level
- 148.4 vs 141.1 in Nov 2023
- Manufacturing groups
- 18 of 23 positive
- Base year
- 2011-12
Practice MCQs 3 questions
What was India's IIP growth rate for November 2024 as per the Quick Estimates released on 10 January 2025?
Show answer
Correct answer: B — 5.2%
PIB (MoSPI): IIP growth for November 2024 was 5.2%, against 3.5% in October 2024.
Which sector recorded the lowest growth among Mining, Manufacturing and Electricity in the November 2024 IIP?
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Correct answer: C — Mining
PIB (MoSPI): Mining 1.9%, Manufacturing 5.8%, Electricity 4.4%.
Consider the following statements about the Index of Industrial Production (IIP): 1. Its Quick Estimates are released on the 12th of every month (or the previous working day) with a six-week lag. 2. Its current base year is 2011-12. 3. It is compiled by the Reserve Bank of India. Which of the statements given above are correct?
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Correct answer: D — 1 and 2 only
PIB (MoSPI): Quick Estimates are released on the 12th with a six-week lag, base 2011-12=100; the release is by MoSPI, not the RBI.