Business Daily from THE HINDU group of publications
Sunday, Aug 05, 2007
ePaper
Business Daily from THE HINDU group of publications Sunday, Aug 05, 2007 ePaper |
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Industry & Economy
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Economy 23 sectors record over 20% growth, says CII survey
Our Bureau New Delhi, Aug. 4 Cold rolled steel strips, pig iron, textile machinery, industrial gases, electric fans, microwave ovens are some of the sectors that reported growth rate of more than 20 per cent in the April to June period of the current year over the same period last year. Out of 101 sectors reporting production, 23 sectors recorded over 20 per cent growth, 27 sectors recorded growth rate of 10-20 per cent, 36 sectors registered growth rate of up to 10 per cent, while 14 sectors reported negative growth, according to an industry survey conducted by the Confederation of Indian Industry. Out of the 27 sectors reporting sales, six sectors registered above 20 per cent growth, 11 sectors registered growth rate of 10-20 per cent, four sectors reported up to 10 per cent growth and an equal number of sectors recorded negative growth, according to the survey. Some of the sectors recording above 20 per cent growth on the sales front are cold rolled steel strips, sponge iron, textile machinery, water equipment, tractors, electric fans, and electric two-wheelers. On the exports front, three-wheelers and motorcycles sectors recorded above 20 per cent growth. Eight sectors recorded 10-20 per cent growth, five sectors recorded up to 10 per cent growth, while nine sectors registered a fall in exports in the survey.
Related Stories: Manufacturing growth Industrial production rises 10.9% in Jan Industrial output surges; manufacturing grows 15.1% Manufacturing pushes up industrial growth More Stories on : Economy | Industry Associations
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