Industrial sector records 7.8 percent growth in June

New Delhi, Aug. 12 (ANI): Industrial production sector has recorded a 7.8 per cent growth in June as compared to 2.7 per cent a month before.

Led by a recovery in manufacturing sector, which accounts for two-thirds of the industrial production, the 7.3 per cent growth indicates a return of consumer demand in the market.

Consumer durables and capital goods grew by 15.5 per cent and 11.8 per cent, respectively - the strongest expansion in several months.

The trend in the first quarter, however, remained subdued at 3.7 per cent due to lower production in the first two months of the period. (ANI)