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India’s industrial output likely rose by 3.7 pc in October on festive demand: Report

India’s industrial production likely improved in October 2024, driven by festive demand, according to a report by Union Bank of India. The report highlighted that the Index of Industrial Production (IIP) surged by 3.7 per cent year-on-year, up from 3.1 per cent in September. However, this is significantly lower than the 11.9 per cent growth …