Manufacturing 2018

IIP at 8.4%: Why the 25-month high figure needs to be taken with a pinch of salt before confirming revival

On the face of it, the sharp 25-month jump in IIP is triggered by significant revival in manufacturing segment.

IIP growth hits 17-month high of 8.4% in November on robust manufacturing, capital goods sectors

Previous high was recorded at 8.9 percent in June, 2016, IIP growth for Oct 2017 has been revised downwards to 2 percent