India's industrial production grows at 4.8 per cent in July 2024

India's Index of Industrial Production (IIP) grew by 4.8% in July, up from 4.2% in June, according to MoSPI data. Mining, manufacturing, and electricity sectors saw growth rates of 3.7%, 4.6%, and 7.9% respectively. Capital goods surged by 12%, while consumer durables and non-durables faced declines.
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