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April industrial output up 7% from last year

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    • Agencies Tags : Posted: Friday , Jun 13, 2008 at 2258 hrs

    Monetary policy and a strong rupee last year clipped demand, and industrial output growth has fallen from double-digit rates early in 2007. But the rupee has declined 8 per cent against the dollar since the start of 2008 and Thursday’s data showed manufacturing production rose an annual 7.5 per cent in April, compared with an upwardly revised 3.9 per cent in March.

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