India's April industrial output growth again revised to 2.3 pct y/y
NEW DELHI, June 13
NEW DELHI, June 13 (Reuters) - India's industrial output for April was revised for the second time in a day to 2.3 percent from an earlier revision of 2.2 percent, a government statement said on Thursday.
On Wednesday, India's April industrial output growth was reported at 2 percent, lower than the upwardly revised 3.4 percent growth for March.
The industrial output growth data was revised up due to upward revision of electricity production growth to 4.2 percent from 0.7 percent expansion reported earlier, the statement said. (Reporting by Manoj Kumar; Editing by Sunil Nair)
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Prime Minister Narendra Modi came to office with a reputation as a business-friendly leader ready to open up one of the world's biggest markets and sweep away the remnants of the country's socialist past. Full Article