India’s industrial production grew to a seven-month high of 5.9 per cent in May 2024, mainly due to good showing by power and mining sectors, according to official data released on Friday. The factory output growth, measured in terms of the Index of Industrial Production (IIP), was 5 per cent in April, 5.4 per cent in March, 5.6 per cent in February and 4.2 per cent in January 2024. The IIP was 4.4 per cent in December and 2.5 per cent in November 2023. The previous high of IIP was…