India’s industrial output contracted 0.1 percent month-on-month (MoM) in March, according to the IIP data released by the government.
Industrial output, or factory output, is the closest approximation for measuring economic activity in the country's business landscape.
Sakshi Batra talks to Moneycontrol Deputy Executive Editor, Gaurav Choudhary to understand whether this data indicates that there is a slowdown in the economy.
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