Business Daily from THE HINDU group of publications
Sunday, November 22, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
|
Business Daily from THE HINDU group of publications Sunday, November 22, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
Update at 1230 hrs (IST)
Industry Manufacturing sector showing signs of recovery: CII NEW DELHI: Ten manufacturing segments, including industrial gases and multi-utility vehicles, grew by over 20 per cent in the first half of the current fiscal, leading the recovery in the sector, a CII-Ascon survey said. Of the 100 manufacturing segments surveyed, the 10 recorded “excellent” growth rate during April-September 2009-10 over the year-ago period, while another 26 of them showed “high” rate of 10-20 per cent, it said. The 26 high growing segments include aluminium, cement, fertiliser, light commercial vehicles and consumer durables. Other sectors reporting excellent growth are - nitrogen, earth moving and construction equipment and motor starters. Besides, 37 segments, including crude oil, plastics, refinery, power cables, synthetics, oil and gas equipment, registered 'moderate' growth of 0-10 per cent during the first six months of the current fiscal. However, the survey said still there are few segments which continue to report negative growth during April-September 2009-10. The segments are polymers, sponge iron, switch gears, ball bearings, electric motors and power transformers among others. Manufacturing output was up 9.3 per cent in September 2009, against 6.2 per cent in the same month last year. – PTI
Prev: Govt keeping tab on imports Business Line | NUS Index | |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright copy; 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line
|