Mr D S Rawat Secretary General of ASSOCHAM said that Index of Industrial Production rising to 10.4% in August 2009 only suggests resumption of recovery in the Indian economy, especially in its mining, manufacturing and electricity sector.
Henceforth, the IIP would start moderately going up
http://www.steelguru.com/news/index/2009/10/15/MTE1OTc5/Rising_IIP_indicative_of_sound_recovery_-_ASSOCHAM.html
Wednesday, October 14, 2009
Rising IIP indicative of sound recovery - ASSOCHAM
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