India’s industrial output grew by 3.5% in July as against the growth of 1.5% in June, according to the Index of Industrial Production (IIP) data released by the Ministry of Statistics and Programme Implementation on Thursday.
The output growth, at 3.5%, is the sharpest in the last four months.
Manufacturing activity grew by 5.4% on an annual basis in July, compared to 3.7% last month.
Mining output fell 7.2% year-on-year in July versus a fall of 8.7% last month.
Electricity production fell 0.6% as against a fall of 1.2% in the previous month.
