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Industrial output grows 4.9 percent in April

Reuters  |  NEW DELHI 

NEW DELHI (Reuters) - India's industrial output grew 4.9 percent in April from a year earlier, driven by a pick up in manufacturing, government data showed on Tuesday.Economists surveyed by Reuters had forecast 5.2 percent growth in output compared with a 4.6 percent year-over-year increase in March.Manufacturing, which contributes 78 percent of industrial output, grew 5.2 percent in April, up from a 4.7 percent rise in March, as domestic demand picked up.The Indian economy grew 7.7 percent year-on-year in January-March, its quickest pace in nearly two years driven by higher growth in ...

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First Published: Tue, June 12 2018. 17:51 IST
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