India’s factory output rose 10.3 percent in October from a year earlier as government stimulus measures and domestic demand pushed Asia’s third-largest economy into its 10th straight month of industrial expansion. The government also revised its number for September industrial output growth to 9.6 percent from 9.1 percent.
The Expert expects India factory output to continue its brisk pace at between 8 and 11 percent through 2010. Much of this driven by internal factors, although manufacturing exports from India continue to rise, in selected categories. A7DD3RVAUQC6
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Posted on January 1st, 2010 by Gunjan
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. He is author of Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market (Hachette Book Group, July 2008).
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