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1. What was the growth rate of India’s Index of Industrial Production (IIP) in June 2024?
In June 2024, India's Index of Industrial Production (IIP) recorded a growth rate of 4.2%, an increase from 4% in the same month the previous year. This growth reflects an overall positive trend in industrial production. The sector-wise contributions included significant increases in mining (10.3%) and electricity (8.6%), while the manufacturing sector grew by 2.6%. The IIP is an important indicator of industrial performance and economic health, highlighting robust activity across various sectors.