Inde Production Industrielle

Industrial production in India increased 3.5% year-on-year in October 2024, in line with market expectations, following a 3.1% rise in the previous month. This marked the second consecutive month of growth, driven by increases across all sectors: manufacturing (4.1% vs 3.9% in September), mining (0.9% vs 0.2%), and electricity (2% vs 0.5%). Within the manufacturing sector, the largest contributors to growth were the production of basic metals (+3.5%), electrical equipment (+33.1%), and coke and refined petroleum products (+5.6%). Considering the April-October period, industrial output went up 4%.