Industrial output grows 3.6% in October, indicating strong recovery

The scheme comes amid the COVID-19 pandemic as is a part of the Centre’s Atmanirbhar Bharat 3.0 economic package.

India's index of industrial output for the month of October was at 3.6 percent, against 0.5 percent September, as per the Index of Industrial Production (IIP) data released by the government on December 11.

The manufacturing sector production registered a growth of 3.5 percent in October, while the output of mining and electricity segments contracted 1.5 percent and grew 11.2 percent respectively. In October 2019, IIP had contracted -6.6 percent.

In October, primary goods production contracted 3.3 percent, capital goods production grew 3.3 percent, intermediate goods grew 0.8 percent, infrastructure goods grew 7.8 percent, consumer durables grew 17.6 percent, and consumer non-durables grew 7.5 percent.