India's industrial production growth may stay in single digits despite festive demand
The Economic Times reports that a weak monsoon, higher input costs and global uncertainty could weigh on growth, even as festive demand may help.
TLDR
The Economic Times reported on September 29 that India's industrial production growth may stay in single digits in the coming months. Festive demand could help, but a weak monsoon, higher input costs and global uncertainty pose risks. Manufacturing growth has improved, while capital goods and consumer durables have posted strong growth.
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