India's industrial output growth slows to 6.7% in September as manufacturing, consumer durables lose momentum
India's industrial output growth slowed to 6.7% in September, down from 7.8% in August, missing the 7.3% forecast. The Index of Industrial Production indicated weaker performance in mining, which contracted 6.2%, while manufacturing grew 7.6%. This trend signals a potential decline in consumer durables and capital goods, affecting future production expectations.