Indian exports hit by eurozone crisis: Pranab

Finance minister Pranab Mukherjee has said that India's exports have taken a hit due to the eurozone and financial crisis sweeping North America. India's annual exports grew only 11% in October, reflecting a demand contraction in Europe, the country's largest trading partner. Production at factories, mines and utilities grew at 1.9% from a year earlier in September, lower than a downwardly revised 3.6 percent growth a month ago.