Industrial output numbers for June has beaten street expectations coming in at 8.8%. However, the growth of 1.3% in consumer durables is very poor compared to 5.2% the last month.
Venugopal Dhoot, chairman and managing director of Videocon says that this number is disappointing, but things will improve.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!