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This is an archive article published on June 11, 2010

IIP data encouraging: Pranab

Union Finance Minister Pranab Mukherjee said on Friday that industrial growth was encouraging.

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Union Finance Minister Pranab Mukherjee said on Friday that industrial growth was encouraging.

India8217;s industrial output grew in double-digits for the seventh straight month in April,helped by buoyant domestic consumer demand,a revival in exports,and higher infrastructure spending. India8217;s industrial output rose at a much faster-than-expected 17.6 per cent in April from a year earlier,data showed on Friday,the strongest since 17.7 per cent in December 2009.

 

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