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Industrial Production Growth Slows to 3.4% in June

NDTV Profit Desk

Industrial production growth in June slowed to 3.4 per cent  from 4.7 percent a month earlier, government data showed on Tuesday.

Industrial production growth in June slowed to 3.4 per cent  from 4.7 percent a month earlier, government data showed on Tuesday.

A Reuters poll had estimated it to grow to 5.4 per cent in June.

Weak industrial production is one of the main reasons for India's growth struggle. A fall in output last fiscal year resulted in the second successive year of below 5 per cent GDP expansion.

(With inputs from Reuters)
 

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