Industrial growth has gathered pace as factory production rose by 11.7 per cent in November 2009, fuelled by stimulus-backed demand for manufactured goods, particularly consumer goods.

Industrial growth was just 2.5 per cent in November 2008. Manufactured goods, which have around 80 per cent weight in the Index of Industrial Production, which measures industrial growth, grew by 12.7 per cent in November 2009 compared to 2.7 per cent in the same month a year ago.