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Data▲ Bullish for Indian equities
India’s industrial output grows 8% in August, manufacturing rises 9%
The brief
- Industrial output grew 8% in August
- Manufacturing grew 9%; electricity and gas supply rose 12.3%
- Stronger factory output supports Indian manufacturers and power-sector companies
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India’s industrial output growth in August
India’s industrial output grew 8% in August, up from 6.7% in July. Reports put manufacturing growth at 8% or more for three consecutive months, with the latest citing 9%.
Monday, 28 September
- India’s industrial output grows 8% in August, manufacturing rises 9%