NEW DELHI (Reuters) -India’s industrial output grew 3% year-on-year in March, government data showed on Monday.
Economists polled by Reuters were expecting a growth of 3.3%. Industrial output grew at a revised 2.7% in February, compared to the initially-released 2.9% growth.
Manufacturing output advanced 3% in March against 2.8% in the previous month, while electricity generation grew 6.3% from 3.6% in February. Mining activity rose 0.4% from 1.6% a month ago, the data showed.
Industrial output increased 4% in the April-March period, slowing down from 5.9% in the year-ago period.
(Reporting by Sarita Chaganti Singh; Editing by Sonia Cheema)
