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Strong recovery seen as IIP numbers – Rises 16.8% in Dec

Posted on: February 12th 2010 in Market News.

Industrial production surged by a stunning 16.8 per cent in December 2009, against the contraction of 0.2 per cent in the same month a year ago, driven by a robust performance by the manufacturing sector, particularly consumer durables. Manufacturing sector, which have around 80 per cent…

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