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Sunday, 13 July 2014 - 7:07
India's industrial output jumped 4.7% in May
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India's industrial production jumped for the second month in a row in a boost for the new Narendra Modi-led government which faces a huge challenge to revive the ailing economy.

Output grew a better-than-expected 4.7 per cent in May year-on-year after recording a 3.4 per cent increase in the previous month.

Manufacturing, accounting for over three-quarters of the Index of Industrial Production, grew 4.8 per cent, while mining rose 2.7 per cent and electricity 6.3 per cent.
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