Manufacturing Sector

  • Plagued by ills, India's manufacturing sector takes Modi's 'Make in India' with a pinch of salt 3 days ago

    New Delhi: Prime Minister Narendra Modi's 'Make in India' vision might prove to be a little difficult to realise as India's manufacturing sector continues to be plagued by a number of ills. Industrialists across the country took Modi's words with a pinch of salt as ground realities present a completely...
  • Narendra Modi-led government likely to boost job market in India: Experts May 14, 2014

    New Delhi: With exit polls predicting a Narendra Modi-led government, experts are anticipating a spurt in the job market on the expectation that the BJP leader would revive the economy, particularly the manufacturing sector. HR consultancy firm Unison International has estimated the job market to grow by at least 30 per...
  • Industrial output contracts 2.2 per cent in June August 12, 2013

    New Delhi: India's industrial production contracted 2.2 per cent in June, more-than-expected from a year earlier, government data showed on Monday. May's output growth was revised down to an annual 2.9 per cent contraction from 1.6 per cent earlier. Manufacturing sector, which constitutes about 76 per cent of industrial production, shrank 2.2...
  • Indian economy witnessing rebound: President October 4, 2012

    Mumbai: Stating that economy is recovering now, President Pranab Mukherjee on Thursday expressed the hope that it will be back in path of steady growth soon. "The Indian economy is witnessing a rebound. I do hope that shortly it would come back in the path of steady growth," Mukherjee said...
  • Industrial output grows 1.8 pc in December 2011 February 10, 2012

    New Delhi: Industrial production grew by just 1.8 per cent year-on-year in December 2011 due to contraction in mining and capital goods sectors and a lower manufacturing sector growth. Factory output growth, as measured by the Index of Industrial Production (IIP), was at 8.1 per cent in December 2010. Output of the...
  • Industrial output growth at 7.8 pc in 2010-11 May 12, 2011

    New Delhi: Poor performance of the manufacturing and mining sectors pulled down overall growth of industry to 7.8 per cent in 2010-11 from 10.5 per cent in the previous fiscal. Factory output in March, as measured in terms of the Index of Industrial Production (IIP) released on Thursday, also witnessed lower...
  • Industrial production rises ahead of Budget February 12, 2010

    New Delhi: Industrial production surged by a stunning 16.8 per cent in December 2009, against the contraction of 0.2 per cent in the same month a year ago, driven by a robust performance by the manufacturing sector, particularly consumer durables. Manufacturing sector, which have around 80 per cent weight in the...
  • India's stimulus plans stunned, GDP falls to 5.3 pc February 28, 2009

    New Delhi: The latest health report of the economy is not good. Despite attempts by the Government to talk up the growth story, the country's GDP has declined sharply to 5.3 per cent from last year's healthy growth of 8.9 per cent. This is slowest quarter growth for the year...
  • December IIP no at 2pc, rate cuts ahead February 13, 2009

    The December index of industrial production (IIP) number has come in at -2 per cent versus 8 per cent year-on-year (YoY). A significant fall in manufacturing output (-2.5 per cent versus 8.6 per cent YoY) and consumer durables growth (-12.8 per cent versus 2.8 per cent) may have led to the...
  • Industrial growth slowing alarmingly, IIP Nos reflect December 13, 2008

    New Delhi: The Indian economy is in need of a boost because the new numbers on the Indian economy are now confirming a slowdown. Drastic fall in the industrial growth which has turned negative for the first time in 15 years has sent alarm bells ringing. The Commerce Secretary believes the trend...
  • IIP numbers for September up to 4.8 per cent November 13, 2008

    New Delhi: Industrial production stood at a mere 1.4 per cent in August but it was back to an encouraging 4.8 per cent in September taking just a month to recover lead by a healthy 4.8 per cent growth in manufacturing and capital goods. Manufacturing and capital goods grew by 18.8...
  • Another low: India slumps on the industrial growth index October 10, 2008

    New Delhi: India's industrial production (IIP) growth dived to 1.3 per cent in August, compared to 10.9 per cent in the corresponding period last year, a setback for the government grappling with volatile capital markets and a sluggish economy. The official data on industrial production released by the statistics and programme...
  • Indian Industrial production up by 7 pc September 12, 2008

    New Delhi: India's annual industrial output rose more than expected in July, driven by capital goods production, which analysts said signaled continuing investment and underlying economic strength in the face of higher interest rates. Friday's data showed industrial production rose 7.1 percent in July from a year earlier,...
  • Industrial production growth rate up from 3.8 pc to 5.4 pc August 12, 2008

    New Delhi: India's industrial production growth rate improved slightly to 5.4 per cent this June from 3.8 per cent in May, the government said on Tuesday. The growth rate, however, is far lower than the 8.9 per cent growth registered in the corresponding period in the last financial year. The index of...
  • India's industrial growth shows signs of slowdown February 13, 2008

    New Delhi: India's industrial growth is showing signs of a slowdown. Figures for December slipped to 7.6 per cent from 13.4 per cent last year, while November's growth was revised to 5.1 per cent. Though the figures are in line with expectations, the slowdown is seen due to slower growth...
  • India's biz needs to break red tape February 26, 2007

    New Delhi: Arcelor bags Mittal, Tata gets Corus and India Inc shines. Outsourcing becomes one of the country’s most envied business propositions. While India Inc’s services are selling like hot cakes what’s keeping the manufacturing sector in the back of beyonds? According to a report released by 'The Boston Consulting...
  • Manufacturing pushes industrial growth October 12, 2006

    New Delhi: A strong showing by manufacturing sector offset the slowdown in power generation and mining production to propel industrial growth to 9.7 per cent in August this year as against 7.6 per cent last fiscal. The industry recorded a yet higher 10.6 per cent growth during the first five months...