<h1>Industrial Growth Shows Promise Amid Challenges; Manufacturing Peaks, Mining Struggles, Consumer Durables Surge.</h1> The index of industrial production (IIP) indicates a potential improvement in industrial growth, although challenges remain. The mining sector has contracted over the last six quarters due to declines in natural gas and crude petroleum output. Manufacturing saw a growth spike to 9.8% in October 2012, the highest since June 2011. The capital goods sector experienced negative growth, while consumer durables grew by 16.9%, the highest in 20 months. Industrial growth has been hindered by sluggish investment, corporate margin pressures, and global economic fragility. Infrastructure and energy constraints, along with export demand declines, pose risks, with expected moderate growth of around 3% for the current year.