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Growth was particularly stupendous at 25% in the third quarter and 14% in the fourth quarter, according to data.

The electrical equipment industry witnessed a growth of 6 per cent in the first half of this financial year, says an industry report.

Two percent growth is attributed largely to increase in exports of electrical equipment from India in April to June in fiscal 2013-14.

The electrical equipment industry's sales contracted by 2.4% in the first quarter of 2012-13, hurt by slowdown, said IEEMA.

The Rs 52,000-crore industry, which sells cables, switchgears, transformers and other large electrical products, saw a major part of its gr...

State-run Bharat Heavy Electricals Ltd has bagged a Rs 506 crore contract from Oil Natural Gas Corporation for upgradation of drilling rigs.