Economy · India

India's industrial output surges to 22-month high in June

India's industrial production grew by 7.3% in June, reaching its highest rate in 22 months. This growth was primarily driven by strong performances in the manufacturing and electricity sectors, with contributions from capital goods and consumer-facing industries. The first quarter of the year saw industrial output increase by 5.8% compared to the previous year. This positive trend occurred amidst global economic uncertainties and an erratic monsoon season.

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