India Industrial Production Grows 3.2% On Year In October

India's industrial production grew less than expected in October, data from the statistics ministry revealed on Friday. Industrial output grew 3.2 percent on a yearly basis, after rising 3.3 percent in September. Production had advanced 4.5 percent in the same period last year. Within overall production, mining logged a double-digit growth of 11.4 percent in October. At the same time, manufacturing and electricity output rose 2 percent and 3.1 percent, respectively. During April to October, industrial production advanced 20.0 percent from the same period last year.

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