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India Feb. Industrial Output Up 4.1%

India's industrial production rose 4.1 percent year-on-year in February, data from the Central Statistics Office showed Thursday. At the same time, the January result was revised sharply down after detecting some error in the compilation of data.

The statistical office said January's growth rate was revised down to 1.1 percent from initially reported 6.8 percent. The government published a separate release saying an error in reporting sugar production from the source agency was detected and has been rectified.

Consequently, cumulative growth rates for the April-January period have been revised to 3.4 percent from 4 percent.

Manufacturing output grew 4 percent year-on-year in February. Mining output rose 2.1 percent and electricity production increased 8 percent from last year.

by RTTNews Staff Writer

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