New Delhi: India’s annual industrial output rose 5.6% in February from a year earlier helped by growth in manufacturing and electricity generation, data from the Ministry of Statistics showed on Wednesday.
Analysts in a Reuters poll had forecast an expansion of 5.1%.
In January, the output rose 5.2%. In April-February, industrial output grew 5.5% from the same period a year earlier.
Manufacturing, which accounts for about 15% of the Indian economy, rose 5.3% year-on-year in February. Electricity generation during February rose 8.2% over the same period a year earlier, while mining activities increased 4.6%, the data showed.
(Reporting by Sarita Chaganti Singh; editing by Jason Neely)
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