New Delhi, Jan. 28 -- India's industrial production expanded 7.8% in December-its fastest growth in two years-aided by strong growth in the manufacturing, mining and electricity sectors, official data showed on Wednesday.
Factory output grew in December more than twice as fast as the 3.7% expansion seen in the year ago period.
Industrial output had grown at an upwardly revised 7.2% in November, showing strong growth on festive demand and goods and services tax (GST) rate cuts.
The data shows all-round improvement in industrial growth, with manufacturing and mining sectors showing strong momentum in November and December. Output of basic metals, motor vehicles and pharmaceuticals showed strong growth in December.
Experts said ele...
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