The Index of Industrial Production (IIP), which measures industrial activity, rose 16.8 per cent in December 2009 over the corresponding month a year ago, according to an official data released here today.
The high industrial output figures show robust economic growth. The economy is likely to do well in the quarter. Manufacturing sector grew 18.5 per cent in December from a decline of 0.6 per cent a year earlier. Mining and electricity sectors rose 9.5 per cent and 5.4 percent respectively in December 2009 over the corresponding month previous year, the data showed.