India's industrial output growth falls to 10-month low in December

India's industrial production growth fell to a 10-month low of 0.4% in December 2021, according to data released by the government on Friday. The Index of Industrial Production (IIP) rose 0.4% in December 2021 as compared to an increase of 1.3% in November. As per use-based classification, capital, consumer durables and consumer non-durables saw their output shrink in December 2021.