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Factory growth slows: Industrial output expands just 1.2% in May, lowest in 9 months

India's industrial output growth plummeted to a nine-month low of 1.2% in May 2025, significantly lower than the 6.3% growth in May 2024. This downturn was primarily due to the weak performance of the manufacturing, mining, and electricity sectors. While infrastructure and capital goods showed positive growth, consumer goods experienced a decline.
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