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The Economic Times
The Economic Times
National

India's IIP growth may remain in single digits despite festive demand as weak monsoon, global risks weigh: Report

New Delhi: India's industrial production growth may remain in single digits in the coming months despite support from festive demand, as weak monsoon conditions, higher input costs and global supply uncertainties pose downside risks, according to a Union Bank of India Research report.

"On balance, IIP growth may sustain in single digits in coming months," the report said.

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