Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2011-03-14

Factory output growth hits a low

Policy makers need to show more caution about the robustness of industrial recovery

Factory output growth hits a low

The Indian industry has expressed its concern over the country's factory output continuing to grow at below-expected level, expanding just 3.7 percent in January compared to 2.53 percent during the month before and 16.8 percent in the like month of last fiscal, official data showed Friday. The drag was mainly on account of a mere 3.3 percent growth in manufacturing, which has a weight of nearly 80 percent in the general index for industrial production and 1.6 percent in mining, which has been assigned a weight of 10.47 percent. "On the other hand, the recovery in consumer non-durables in this month's data is a welcome sign that consumer budgets are easing," CII director general Chandrajit Banerjee said in a statement. The industry also holds that till hyper inflation conditions are reversed and normalcy is restored in the developed economies, policy makers need to show more caution about the robustness of industrial recovery.

Related opportunities
  • Waste Management Plants
    About Us: Pro India is engaged in bringing back used plastics..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Tea And Coffee Chain
    About Us: The Chai story was born in 2015, with the..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: MR & MRS IDLY - a QSR business model..
    Locations looking for expansion Tamil Nadu
    Establishment year 2007
    Franchising Launch Date 2008
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • About Us: Maharishi Vidya Mandir® Schools Group is being managed by Maharishi..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
ads ads ads ads