India’s industrial production grew less than expected in January, preliminary data from the statistics ministry showed Friday.
The industrial production index rose 1.3 percent year-on-year, while economists had forecast a 1.5 percent gain.
In the same month last year, output shrank 0.6 percent.
The December growth was revised to 0.7 percent from 0.4 percent. In January, manufacturing grew 1.1 percent year-on-year, mining production rose 2.8 percent and electricity output increased 0.9 percent. In the April to January period, industrial production rose 13.7 percent from a year ago.