India's Industrial Output Hits 22-Month High at 7.3% Growth in June

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India's industrial production grew 7.3% in June, marking its strongest performance in 22 months. The surge was primarily driven by gains in manufacturing and electricity generation, even as global uncertainties and an uneven monsoon season posed challenges. Key sectors such as electrical equipment and motor vehicles recorded notable expansion during the period. For the first quarter overall, industrial output rose 5.8% compared to the same period last year. Analysts caution that elevated input costs and a slowdown in global growth could temper industrial momentum in the months ahead.

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