India January Industrial Output Up 10.9%

On the back of a strong manufacturing sector, industrial output in India rose 10.9% in January, official figures showed March 12. Manufacturing rose 11.6% from the same month a year ago, the Central Statistical Office said.

For the first 10 months of India's fiscal year to March, industrial production, which makes up a quarter of the economy, was up 11%.

Analysts say strong industrial output has kept India on track to meet a government target of 9.2% economic growth for the fiscal year ending March, the fastest rate in nearly two decades.

Copyright Agence France-Presse, 2007