NEW DELHI: Trade minister, Kamal Nath, said on Wednesday sluggish growth in industrial output in September was due to a weaker dollar and the comparison with strong growth the same time a year ago and he hoped it would revive in coming months.
"I am hopeful manufacturing will revive," Kamal Nath told reporters on the sidelines of a conference, when asked about the outlook for industrial growth.
Industrial production in September rose 6.4 percent from a year earlier, sharply lower than annual growth of 10.7 percent in August and below estimates of 9.9 percent growth.
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