Since F04, the Indian economy has been moving on to a high growth path. The notable aspect of this high growth is that it is driven primarily by industry and services sector. India's industrial sector, which witnessed an average growth of around 5.5% upto 1990s, peaked in FY07. The industrial sector grew by an impressive 11% in FY07. The high growth in industrial sector has enabled the country to achieve sustainable economy growth.
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