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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