India's factory output in March contracted for the fifth time in six months by 0.5 per cent. An NDTV poll of economists had estimated the index of industrial production (IIP) to fall by 1.5 per cent.
In February, industrial production had fallen by 1.9 per cent.
India's economy has been reeling under pressure, as it seems poised to register around 5 percent growth again for the fiscal ended March 2014 after having posted the decade-low growth figure in the previous financial year.
(With agency inputs)
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