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    <title>IIP growth at 2-year high at 6.7 pc in Nov on robust manufacturing driven by GST rate cuts</title>
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    <description>Cutting of Goods and Services Tax rates triggered order accumulation that supported industrial output, lifting the Index of Industrial Production to 6.7% year on year in November, led by manufacturing (basic metals, fabricated metal products, pharmaceuticals and motor vehicles) and a rebound in mining, while power contracted; the National Statistics Office revised October growth upward and noted broad based manufacturing gains across 20 of 23 industry groups.</description>
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