Fin secy sees double-digit industrial growth in FY11

Published on Mon, Jul 12, 2010 at 12:15 |  Source : Reuters

Updated at Mon, Jul 12, 2010 at 13:46  

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Fin secy sees double-digit industrial growth in FY11

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India's industrial output is expected to maintain double-digit growth in the current 2010/11 fiscal year, Finance Secretary Ashok Chawla said on Monday.

India's industrial output grew at a slower-than-expected 11.5% from a year earlier in May, but expectations of a Reserve Bank of India rate hike for the second time this month remain unchanged due to inflationary pressures.

 

  

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