News & Insights | Textile Industry

IIP Growth Slowed to 5.8 % in September

Published: November 18, 2023
Author: TEXTILE VALUE CHAIN

Highlights:

  • IIP growth slowed to 5.8% in September from 10.3% in August.
  • Manufacturing and electricity sectors recorded a sharp sequential deceleration.
  • Consumer goods output decelerated sharply, with consumer durables rising by just 1%.
  • Infrastructure/construction goods continued to record an encouraging performance.
  • Going ahead, a broad-based and durable improvement in consumption holds the key to recovery.

IIP-September_2023

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