Quick estimates of index for textiles industry
The Central Statistics Organisation of the Indian government has released its Quick Estimates of Index for Industrial Production (IIP) in November.
Industrial production registered significant growth of 14.4% compared with November 2005—the highest reported in over a decade. During the first eight months (April to November) IP increased by 10.6% compared with 8.3% in the same period last year.
11 of the 17 industry groups included showing positive growth in November compared with the corresponding month of the previous year including ‘Cotton Textiles’ (18.3%), ‘Wool, Silk and Man-made Fibre Textiles’ (18.2%), and ‘Textile Products including Wearing Apparel’ (16%).