IIP July output grows 4.2%; India Inc pitches for rate cut
With industrial output growing at 4.2 percent in July, India Inc Friday said it indicates a revival in industrial activity and reiterated the demand for a rate cut by the RBI to provide a fillip to industrial growth.
Sep 11, 2015, 23:09 PM ISTIIP growth improves to 4.2% in July on strong manufacturing output
Driven by good performance of manufacturing and capital goods sectors, industrial production rose by 4.2 percent in July against 0.9 percent growth a year ago.
Sep 11, 2015, 22:28 PM ISTIndustrial output grows at 4.2% in July
Industrial production expanded at a higher rate of 4.2 percent in July this year compared to the same month last year as manufacturing activity and offtake of capital goods improved.
Sep 11, 2015, 18:48 PM ISTIndustrial production grows 4.2% in July
On the back of a high output from the manufacturing sector, India's industrial production for the month of July accelerated to 4.2 percent from 3.8 percent in the month before.
Sep 11, 2015, 17:59 PM IST