Industrial Growth Fell to 9-Month Low of 1.2% in May

Capital goods growth at 19-mth high; consumer durables shrink 1st time in 17 mths

- SHIVA RAJORA

India's industrial output grew just 1.2 per cent in May, the slowest pace in nine months, retreating further from a downward revised figure of 2.6 per cent in April which was also the weakest uptick since August 2024.

An early monsoon pulled electricity generation down by 5.8 per cent, the first contraction in nine months and the sharpest since June 2020, while mining output also fell 0.1 per cent, marking the second straight month of decline.