Summary
India's economic growth continues apace. For the April-June 2007 quarter, which is the first for the Indian fiscal year, GDP growth was 9.3% -- up marginally from the previous quarter's growth, which came in at 9.1%. Over the full fiscal year 2006-2007, India's economy grew by 9.4%, propelled mainly by double-digit growth in manufacturing and services. Manufacturing growth is at a nine-month high, driven by India's consumer boom. Growth momentum like this is expected to continue, and demand for power is expected to soar.
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Extract
Growth Races Ahead
India's economic growth continues apace. For the April-June 2007 quarter, which is the first for th...
See the full content of this document
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