India’s industrial output growth slows
India's industrial output grew 4.9% in February 2005 against an 8.3% rise recorded in February 2004.
The decline in mining and electricity sectors negatively affected the industrial output.
The mining sector fell 2.3% in February compared with a robust growth of 10.7% in February 2004.
While electricity sector saw a decline 0.9% in February as against 12.9% growth in February 2004, the
manufacturing growth slowed down from 7.6% last year to 6.2%.