India’s industrial output rises 2.7% Y/Y in April

NEW DELHI (Reuters) -India’s industrial output grew 2.7% year-on-year in April, government data showed on Wednesday.

Economists polled by Reuters were expecting a growth of 1%.

Industrial output grew 3% in March and increased by 4% in fiscal year 2024-25.

KEY NUMBERS

* Manufacturing output up 3.4% in April

* Electricity generation grew 1.1% in April

* Mining activity fell 0.2% in April

* Output of consumer durables, including cards and phones, rose 6.4% in April

* Output of consumer non-durables, such as food items and toileteries, fell 1.7% in April

* Capital goods output increased 20.3% in April

(Reporting by Sarita Chaganti Singh; Editing by Mrigank Dhaniwala)

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