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% growth seen in the same time a year ago. 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.
Manufacturing sector expanded 8.1% in December, its second fastest expansion this fiscal.
Manufacturing output had expanded at an upwardly revised rate of 8.5% in November. It had seen a 3.7% growth in December 2024.
Mining output grew 6.8% in December, up ...
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