Output from India's factories, mines and utilities jumped 10.3% in October compared with the same month last year, the government's statistics agency said. The growth in India's $1.2 trillion economy came after a revised 9.6% expansion for September. India is seeing increased domestic demand for consumer goods including high-tech video equipment, refrigerators and cars. Passenger-vehicle sales spiked 61% last month. Bloomberg (11 Dec.)
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