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Too early to say industrial growth is turning around: RBS

PUBLISHED ON: August 12, 2011 | Duration: 4 min, 12 sec

   
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Sanjay Mathur, head of research & strategy, Non-Japan Asia at RBS, says it is too early to draw a conclusion that the industrial cycle is turning around because the revival in June IIP has only been in the capital goods segment. He adds that the trend is not satisfactory because India is a domestic demand driven economy.
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