11-12-2005, 03:16 AM
<b>India's Industrial Growth Sharply Slows</b> <!--QuoteBegin-->QUOTE<!--QuoteEBegin-->NEW DELHI - India's industrial growth sharply slowed to 7.2 percent in the July-September quarter from 10.4 percent in the previous quarter, according to government data released Friday, and analysts said the slowdown â due in part to high oil prices â would likely continue.
Still, the average 9.9 percent industrial growth in the April-September period â the first half the current fiscal year ending March 2006 â was good enough to help the broader economy expand more than 7 percent this year, analysts said.
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It was expected, its important for India to look for other resource of Energy.
Still, the average 9.9 percent industrial growth in the April-September period â the first half the current fiscal year ending March 2006 â was good enough to help the broader economy expand more than 7 percent this year, analysts said.
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It was expected, its important for India to look for other resource of Energy.