Hotline: 1800 102 2007
X
Loading
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

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
  • About Bedrock EducareStarted in 2009 in Pune, Bedrock Educare was..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 2000 - 3000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Ice creams & Yogurt Parlors
    About:Started by an enterprising couple in the 1980s, Gopal’s 56..
    Locations looking for expansion New Delhi
    Establishment year 1980
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 150 - 200 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Laundry & Dry Cleaning
    About u cleanAt UClean, we are building India's first organized..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • E-Commerce & Related
    99Sublimation is leaders in digital printing business & e-Commerce ,..
    Locations looking for expansion New Delhi
    Establishment year 2012
    Franchising Launch Date 2014
    Investment size Rs. 5lac - 10lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities