Fri Feb 10, 2012 11:38am IST
REUTERS – Indian industrial production could revive in current quarter, C. Rangarajan, the chairman Prime Minister Manmohan Singh’s Economic Advisory Council, said on Friday.
Rangarajan also told CNBC TV-18 he expected India’s GDP to grow 7.5 percent in fiscal 2012/13 starting April 1. He had earlier forecast 2012/13 GDP growth at 7.5 to 8 percent.Industrial output rose by a slower-than-expected 1.8 percent in December compared with a year earlier, government data showed.(Reporting by Arup Roychoudhury; Editing by Ted Kerr)
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