Sluggish manufacturing activity drags India's factory output (IIP) in March to 5-month low of 1.1%

The Index of Industrial Production (IIP), which measures factory output, expanded by just 1.1% YoY in March, the slowest in the last five months, due to sluggish growth of manufacturing. February IIP was revised upwards to 5.8% from the provisional figure of 5.6%. , Economy News, Times Now

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