India’s industrial output rose to 3.5 per cent in October this year, as per the data released by the Ministry of Statistics and Programme Implementation. October marks the second consecutive month of rise in industrial output, after a slight contraction in August.

Among the three major components of IIP, manufacturing output climbed 4.1 per cent in October, electricity generation grew two per cent and mining activity increased by 0.9 per cent, as per the data.

The corresponding growth rates of IIP as per Use-based classification in October 2024 over October 2023 stood at 2.6 per cent in Primary goods, 3.1 per cent in Capital goods, 3.7 per cent in Intermediate goods, 4 per cent in Infrastructure or Construction Goods, 5.9 per cent in Consumer durables and 2.7 per cent in Consumer non-durable.