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
  • Pizza is about The Pleasures of Life, Storytelling, Traditions, Secret..
    Locations looking for expansion Delhi
    Establishment year 2000
    Franchising Launch Date 2007
    Investment size Rs. 10lakh - 20lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Beauty Salons/ Unisex Salons/ Spa
    Welcome to Nowmi Salon, where our commitment to excellence and..
    Locations looking for expansion Tamil nadu
    Establishment year 2023
    Franchising Launch Date 2024
    Investment size Rs. 10lakh - 20lakh
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Egmore nungambakkam Tamil nadu
  • Juices / Smoothies / Dairy Parlors
    About Us Fruitbae Food Products Pvt. Ltd., established in 2018 in..
    Locations looking for expansion Kerala
    Establishment year 2018
    Franchising Launch Date 2025
    Investment size Rs. 30lakh - 50lakh
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ernakulam Kerala
  • Multi Cuisine Restaurant
    Bayleaf Café: A Fusion of Flavors and Art Bayleaf Café (flagship outlet..
    Locations looking for expansion Maharashtra
    Establishment year 2023
    Franchising Launch Date 2024
    Investment size Rs. 50lakh - 1 Cr.
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
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