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1st LD Writethru: India's industrial output rises by 2.5 pct in January

Xinhua, March 12, 2015 Adjust font size:

India's industrial activity measured according to Index of Industrial Production (IIP) rose by 2.5 percent January, up from 1.7 percent last month and 1.1 percent in the corresponding month in 2014, said official statistics Thursday.

In November 2014, the IIP had increased by 3.8 percent, while in October it decelerated by 4.2 percent.

The cumulative growth for April-January 2014-15 stood at 2.5 percent while the figure for the corresponding period of the previous fiscal stood at 0.1 percent, according to the statistics.

The pick-up of industrial output could help the government obtain an 8-percent growth target in the coming fiscal year starting in April, as was anticipated in its budget report this month. Endi