India's industrial sector decelerated to 4.1% growth in March, marking its weakest performance in five months. The slowdown was primarily driven by contractions in the electricity and manufacturing segments, while geopolitical tensions in Iran created supply chain disruptions and inflationary pressures. Despite these headwinds, the growth rate still exceeded economist forecasts. Capital goods demand remained resilient, reflecting sustained investment appetite, while government infrastructure initiatives continued to provide economic support.

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