At 7.1%, India's factory output jumps to eight-month high in April

Electricity output rose to double digits in April

India’s factory output growth accelerated to an eight-month high at 7.1 per cent in April on the back of a lower base, according to data released by the National Statistical Office. However, sequentially, the index of industrial production (IIP) contracted 9.2 per cent during the month.

Electricity output increased in double digits (11.8 per cent) in April, while mining and manufacturing rose at 7.8 per cent and 6.3 per cent, respectively.

According to use-based classification, all sectors, except consumer non-durables, grew at a robust pace. Capital goods representing investment demand in the economy grew 14.7 per cent while consumer non-durables