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India’s Industrial Output Grows 3.1% in September 2024

India’s Industrial Output Grows 3.1% in September 2024:

India’s industrial production recorded a growth of 3.1% in September 2024, marking a significant rebound from the 0.1% contraction in August. This growth is attributed to a strong performance in manufacturing, alongside modest increases in electricity generation and mining. However, compared to the same month last year, the growth rate has slowed from 6.4% in September 2023, indicating a more tempered industrial recovery.