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Mukherjee says industrial growth encouraging

Finance Minister Pranab Mukherjee smiles during a news conference in New Delhi May 27, 2009. REUTERS/B Mathur/Files

NEW DELHI (Reuters) - Finance Minister Pranab Mukherjee said on Friday that industrial growth was encouraging.

India’s industrial output grew in double-digits for the seventh straight month in April, helped by buoyant domestic consumer demand, a revival in exports, and higher infrastructure spending.

India’s industrial output rose at a much faster-than-expected 17.6 percent in April from a year earlier, data showed on Friday, the strongest since 17.7 percent in December 2009.

Reporting by Matthias William and Rajesh Kumar Singh

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