{"id":74684,"date":"2025-12-29T17:01:03","date_gmt":"2025-12-29T11:31:03","guid":{"rendered":""},"modified":"2025-12-29T17:01:03","modified_gmt":"2025-12-29T11:31:03","slug":"iip-growth-at-2-year-high-at-6-7-pc-in-nov-on-robust-manufacturing-driven-by-gst-rate-cuts","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=74684","title":{"rendered":"IIP growth at 2-year high at 6.7 pc in Nov on robust manufacturing driven by GST rate cuts"},"content":{"rendered":"<p>IIP growth at 2-year high at 6.7 pc in Nov on robust manufacturing driven by GST rate cuts<BR>GST<BR>Dated:- 29-12-2025<BR>PTI<BR>New Delhi, Dec 29 (PTI) India&#39;s industrial production grew at a two-year high of 6.7 per cent in November this year, driven by strong performances in mining and manufacturing, mainly on account of order pile-up following a cut in GST rates, according to official data released on Monday.<br \/>\n The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 5 per cent in November 2024.<br \/>\n The previous high was recorded at 11.9 per cent in November 2023.<br \/>\n Ahead of the festivals, the Goods and Services Tax (GST) rates were cut on a host of consumer items, effective from September 22, 20<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=66029\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p>ce (NSO) revised the industrial production growth to 0.5 per cent for October 2025 from the provisional estimate of 0.4 per cent released last month.<br \/>\n The NSO data showed that the manufacturing sector&#39;s output grew by 8 per cent in November 2025 from 5.5 per cent in the year-ago month. Mining production rose by 5.4 per cent against a growth of 1.9 per cent recorded a year ago.<br \/>\n Power production contracted by 1.5 per cent in November 2025, compared to 4.4 per cent expansion in the year-ago period.<br \/>\n During the April-November period of FY26, the country&#39;s industrial production growth decelerated by 3.3 per cent compared to 4.1 per cent in the same period a year ago.<br \/>\n An NSO statement said, &#8220;Driven by 8 per cent growth in manufacturing sect<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=66029\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IIP growth at 2-year high at 6.7 pc in Nov on robust manufacturing driven by GST rate cutsGSTDated:- 29-12-2025PTINew Delhi, Dec 29 (PTI) India&#8217;s industrial production grew at a two-year high of 6.7 per cent in November this year, driven by strong perform<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-74684","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/74684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74684"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/74684\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}