| Slowdown looms, IIP at 5.3% |
| BS Reporter / New Delhi March 13, 2008 |
| Industrial output growth in January registered a 10-month low of 5.3 per cent against 11.6 per cent in the same month last year and a revised 7.7 per cent in December, raising doubts over whether India will grow at 9 per cent in fiscal 2007-08. |
 The fall took place chiefly because of an unexpected decline in capital goods and a continuing downtrend in consumer durables. Data on the Index of Industrial Production (IIP) were released by the Central Statistical Organisation at noon and caused the Bombay Stock Exchange |
