Mint Quick Edit | IIP numbers are a relief: India’s industrial resilience amid a supply shock
In this backdrop, the index of industrial production data for March released on Tuesday assumes importance as an indicator. Thankfully, the emerging picture isn’t all that bad. Industrial production, according to the index, rose 4.1% year-on-year last month even as the war raged on. Though the lowest in five months, it reveals a degree of resilience.
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