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Industrial output could grow in Jan-March-adviser

Source : REUTERS
Last Updated: Fri, Feb 10, 2012 11:46 hrs
Economy may grow 8.5 pct in FY12 - Rangarajan

​Indian industrial production could revive in current quarter, C. Rangarajan, the chairman Prime Minister Manmohan Singh's Economic Advisory Council, said on Friday.

Rangarajan also told CNBC TV-18 he expected India's GDP to grow 7.5 percent in fiscal 2012/13 starting April 1. He had earlier forecast 2012/13 GDP growth at 7.5 to 8 percent.

In Images: Mahindra XUV 500 receives over 25000 bookings

Industrial output rose by a slower-than-expected 1.8 percent in December compared with a year earlier, government data showed.

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