Economy
India's Industrial Output Expands By 4.2 Per Cent In April
A manufacturing facility.
According to data released by the Ministry of Statistics and Programme Implementation on June 12, India's industrial output experienced a growth of 4.2 per cent in the month of April.
The latest figure, measured by the Index of Industrial Production (IIP), surpasses the previous month's performance. In March, industrial growth had reached a five-month low of 1.1 per cent, which has now been revised to 1.7 per cent.
Comparatively, in April 2022, the IIP growth had registered a higher rate of 6.7 per cent.
The data indicates a positive trend in India's industrial sector, with April's growth figure reflecting a significant improvement from the previous month's slump.
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