India's industrial output grows by 1.2% in May, lowest in nine months
The slowdown follows mining and electricity contractions as well as anaemic growth in the manufacturing output.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
India’s Faustian deal with Tesla
In paving the way for Tesla to sell its cars in the country with reduced duties, India comes across as partisan and a country that can be bullied into acting against its own interests.
Why Ford is returning to manufacturing in India
The auto giant has only committed to manufacturing cars at its Chennai plant without any clear plans to actually sell those vehicles in the country.
Can including garments save India’s disastrous textiles PLI scheme?
A slowdown in exports and high thresholds for beneficiaries may have contributed to the initiative being a non-starter so far. Extending it to garment makers has the potential to change that.
