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India's industrial production contracted by 0.80 per cent in August against 2.2 per cent growth recorded in the previous month, as per the government data released on Wednesday.
Amid slowing demand from various markets, the US continued to register growth and remained the top importer of Indian engineering goods in August
Engineering goods exports to China and the European Union fell in August due to demand slowdown while the shipments to the United States rose during the month,
Engineering goods exports to China and the European Union fell in August due to demand slowdown while the shipments to the United States rose during the month,
India's industrial output growth, measured by the Index of Industrial Production (IIP), declined to 2.4 per cent in July as compared to 12.3 per cent in the previous month, as per the government data released on Monday.