India’s Index of Industrial Production (IIP) was hovering around an average of 2.25% between November 2021 and March 2022, thereafter it jumped to 6.74% in April 2022 and further to 19.64% in May 2022

India’s Index of Industrial Production (IIP) was hovering around an average of 2.25% between November 2021 and March 2022, thereafter it jumped to 6.74% in April 2022 and further to 19.64% in May 2022. However, in the month of June, the IIP tapered to 12.3% as manufacturing and mining tapered on the back of lower…