Industrial output rises 7 pc in July

“The index of industrial production for the month of July has shown a growth rate of 7 per cent and the core sectors have also demonstrated an upward trend,” Commerce & Industry Minister Anand Sharma said while unveiling the Foreign Trade Policy.

The Index of Industrial Production (IIP) had recorded a growth rate of 7.8 per cent a month ago in June. It had posted a growth rate of 7.1 per cent a year ago in July 2008.

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