You are here: Home » Reuters » News
Business Standard

India's industrial output grows 3.2 percent in May

Reuters  |  NEW DELHI 

NEW DELHI (Reuters) - India's industrial output grew 3.2 percent in May from a year earlier, driven by a pick up in capital goods manufacturing, government data showed on Thursday.Economists surveyed by Reuters had forecast 5.2 percent growth in output compared with a 4.9 percent year-over-year increase in April.Manufacturing, which contributes 78 percent of industrial output, grew 2.8 percent in May, slower than a 5.2 percent rise in April, as domestic demand slowed. (Reporting by Manoj Kumar; Editing by Malini Menon)(This story has not been edited by Business Standard staff and is ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, July 12 2018. 17:47 IST
RECOMMENDED FOR YOU