Going full steam: India's industrial output scales 2-year peak, rises 6.7% in Nov

India's industrial output saw a significant surge in November, reaching a 25-month high of 6.7% driven by a robust manufacturing rebound. This revival, attributed partly to GST rationalization and festive demand, saw 20 out of 23 industry groups posting growth. While economists see positive signs for consumption, they caution about temporary factors and potential trade barrier impacts.