The YoY performance of the Indian textile sector was better in May than in AprilThe year-on-year (YoY) growth in India’s index of industrial production (IIP) rose to a three-month high of 5.2 percent in May this year (19.7 percent in May last year) from the revised 4.5 percent in April, despite unseasonal rains and an adverse base. This was in line with rating agency ICRA’s estimate of 5.2 percent for that month.