India's industrial production rose 6.8% in January from a year earlier, the fastest pace in...

|By:, SA News Editor

India's industrial production rose 6.8% in January from a year earlier, the fastest pace in seven months and significantly higher than the +2% expected. December's figure was revised up to +2.5% from +1.8%. However, economists doubt the sustainability of this high IP growth, as it was driven by a thus far inexplicable 92.6% jump in the food and beverage sector.