5/12/2013

Capital goods and consumer nondurables led the way as India's industrial production in March rose 2.5% from a year before. It was the third consecutive month of growth. "If [this upward trend] continues, inflation comes down and [industrial] growth begins to pick up, I am quite confident that [GDP] growth in the current fiscal would cross the 6% mark," said Department of Economic Affairs Secretary Arvind Mayaram.

Full Story:
The Hindu (India)

Related Summaries