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March IIP surpasses all expectations at 7.3% vs 3.7% (MoM)

India's industrial production grew a terrific 7.3% in March 2011, higher than an upwardly revised 3.65% growth a month ago. This could allay fears of a slowdown in the economy that will allow the central bank to continue with rate hikes to control stubbornly high inflation.

first published: May 12, 2011 11:12 am

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