India’s industrial production growth as measured by the Index of Industrial Production (IIP) slumped to a four-month low of 2.4 percent in July this year, down from a robust 12.7 percent in June, according to data released by the National Statistics Office on Tuesday, September 13.
The manufacturing sector recorded a growth of 3.2 percent and power generation growth was up by 2.3 percent, but the mining sector recorded a negative growth of 3.3 percent, the data showed.