Dec factory output at 2-yr-high

Production boost Growth was aided by strong expansion in manufacturing.

- Gireesh Chandra Prasad

India‘s industrial production rose 7.8% in December, its fastest growth in two years, aided by strong expansion in the manufacturing, mining and electricity sectors, official data showed Wednesday.

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.

December factory output grew more than twice as fast as the 3.7% seen 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.