Further signs of recovery in Indian industry emerged on Monday with the latest official data indicating a 10.4 percent growth in August over the same month last year.
Manufacturing production rose 10.2 percent in the month, as per the data on the index of industrial production released by
the Central Statistical Organisation in New Delhi.
The annual industrial growth rate for July was revised to 7.2 per cent from 6.8 per cent reported earlier.
The data showed that while mining output was up 12.9 percent, that for electricity rose 10.6 percent. Output of capital goods and consumer goods sectors expanded respectively by 8.3 per cent during the period.
According to figures available, the industrial output in 2008-09 fiscal rose 2.6 per cent, down from an 8.5 per cent growth the year ago.