Industrial production to dip in third quarter: Montek

New Delhi, February 10 (ANI): Planning Commission Deputy chairman Montek Singh Ahluwalia on Friday said the industrial production is likely to reduce in the third quarter, i.e., between October December. Index of Industrial Production (IIP) in India likely grew at a weaker annual rate of 3.4 percent in December, down from November s 5.9 percent, on slowing infrastructure output and domestic demand.