Wednesday, January 13, 2010

IIP records 11.7% growth in November 2009

Conformation of growth 

The index of industrial production has once again come up in double digit for November 2009. The industrial output grew at 11.7% in November 2009 compared with 2.53% growth in the same month last year.

This is the third time so far in current financial year , IIP has recorded double digit growth rate. The healthy growth in factory output conformed recovery.