New Delhi, June 2 -- India's new Index of Industrial Production (IIP) series will track items such as Monazite and credit and debit cards with magnetic strips, drop products such as kerosene and sewing machines, and introduce an entirely new sub-sector for water supply, sewerage and waste management. The revised series also gives greater weight to intermediate goods than primary goods. Reflecting these quantitative and qualitative changes, the new IIP series shows stronger industrial growth over the past three years than the previous series, in line with manufacturing growth trends seen in the revised GDP series released on February 27. The National Statistics Office (NSO) released the new IIP series, India's official high-frequency gauge o...