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India's industrial production rises to 11.7 pct in October

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STORY: India's industrial production rises to 11.7 pct in October
SHOOTING TIME: Dec. 14, 2023
DATELINE: Dec. 15, 2023
LENGTH: 00:01:08
LOCATION: New Delhi
CATEGORY: ECONOMY

SHOTLIST:
1. various of people making electronic parts 
2. various of street views in India

STORYLINE:

India's factory activity growth, determined by the Index of Industrial Production (IIP) increased to a 16-month high of 11.7 percent in October, government data showed Tuesday.
   
The growth was attributed mainly to the good performance shown by the mining, manufacturing and electricity sectors.
   
"For the month of October 2023, the quick estimates of IIP with base 2011-12 stand at 144.7. The indices of industrial production for the mining, manufacturing and electricity sectors for the month of October 2023 stand at 127.4, 141.8 and 203.8 respectively," said the federal ministry of statistics and program implementation (MoSPI).
   
As per use-based classification, the indices stand at 146.1 for primary goods, 106.9 for capital goods, 157.8 for intermediate goods and 173.9 for infrastructure-construction goods for October, said the ministry, adding that the indices for consumer durables and consumer non-durables stand at 123.0 and 141.5, respectively, for October.
   
The IIP witnessed a growth of 5.8 percent in September.

Xinhua News Agency correspondents reporting from New Delhi.
(XHTV)

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