India August IIP comes in at a disappointing 0.4%

India's Index of Industrial Production, representing factory output, comes in at a disappointing 0.4%
This shows that the "good days" as envisaged by the new Govt of India will take far more longer to achieve and so the judgement will probably has to be done by the end of next year.

Details of the August IIP data,
-   1.40% Manufacturing
-   6.90% Consumer goods
- 15.00% Consumer durable
-   0.90% Consumer non durable
- 11.30% Capital goods
+  2.60% Mining
+12.90% Power generation
+   9.6% Basic goods
+   0.3% Intermediate goods