New Delhi, July 12 (IANS) India’s industrial production declined 1.6 percent in May due to a sharp drop in manufacturing and mining output, government data showed Friday.
This was the worst performance of industrial production in 11 months.
The factory output measured in terms of the Index of Industrial Production (IIP) has registered a cumulative growth of 0.1 percent in the first two months of the current financial year, according to data released by the Central Statistics Office (CSO).
