India's industrial production is down by 0.8%: textiles and leather the sectors most affected
India's textile and leather industries, with a negative growth of 12.2%, are among the hardest hit sectors according to the August Index of Industrial Production (IIP). Industrial production in India fell 0.8% in August. August's IIP numbers were the lowest in 18 months. The previous low in IIP growth was a 3.2% contraction recorded in February 2021. By July 2022, the PII had increased by 2.2%. By August 2021, the IIP had increased by as much as 13%. (Read more at: economictimes.indiatimes)
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