Official data showed on March 12 that India, Asia's third-largest economy surges ahead in January as industrial output rose by 16.7%.
Manufacturing output, which comprises the bulk of the industrial production index, rose 17.9% from a year earlier, as stimulus packages and lower interest rates spurred demand for consumer durables, cement and steel.
The mining sector output grew by 14.6% while electricity rose by 5.6%. Demand for basic goods grew by 10.7% while for intermediate goods by 21.3%.
"The data shows no surprise, we see strong growth. But the risk is if inflation climbs too fast," said credit rating agency Crisil's principal economist Dharmakirti Joshi. "The central bank may need to act quickly and raise rates."
Indian inflation is widely expected to move into double digits in coming months, after posting 8.56% for the month of January.
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