The Reserve Bank of India conducts its tough monetary policy
aimed at lowering the inflation rate thus impacting the development of
industrial sector, reported ASSOCHAM. Net sales in Q2 decreased to 20.41% as compared
to 27.67% in Q1. The government encourages companies to concentrate on output
increase rather than on imports as depreciating rupee will put additional pressure
on such imports as oil, coal and metals.
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