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INDIA'S ECONOMY GROWS BY 5.7% IN Q1.

AsiaPulse News

| October 01, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, Oct 1 Asia Pulse - Led by a strong recovery in the manufacturing sector, the Indian economy grew by 5.7 per cent during the first quarter of this fiscal year as against 5.3 per cent during the same period of last year.

The manufacturing sector registered a growth of 6.4 per cent in April-June this year, compared to the growth of 3.8 per cent during the corresponding period of the previous year, as per the quarterly estimates of GDP released by Central Statistical Organisation (CSO).

The good monsoon has not been reflected in the agricultural growth as the figures pertain to April-June during which the farm sector continued with depressed growth rate of 1.7 per cent as ...

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Source: HighBeam Research, INDIA'S ECONOMY GROWS BY 5.7% IN Q1.

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