Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2011-08-12

Manufacturing sector booms

The rate of growth has almost doubled

Manufacturing sector booms

There is a surge in nation's factory output growing at a faster 8.8 percent in June compared to the levels seen in the year-ago period especially capital goods production, according to official data released on Friday.

The barometer for measuring industrial output, the index of industrial production (IIP), had risen by a much slower 5.6 percent in May.

Manufacturing, which constitutes about 80 percent of the IIP, almost doubled, growing at a rate of 10 percent in June compared to 5.6 percent in the previous month, while mining output grew by a slower 0.6 percent as against 1.4 percent in May, according to a statement from the ministry of statistics and programme implementation.

Electricity generation grew by 7.9 percent in June, also slower than what was registered in the previous month at 10.3 percent.

According to Friday's data, capital goods grew at a scorching 37.7 percent, while intermediate products remained almost stagnant -- their production rose by only 1.9 percent.

Consumer goods output too showed a slow rise at 1.6 percent.

Consumer durables and non-durables production slowed to 1 percent and 2.1 percent, respectively.

The data has been computed by keeping 2004-05 as the base year. The earlier series had 1993-94 as the base.

Related opportunities
  • Quick Service Restaurants
    Sugar Swap is a super food-tech startup; a one stop..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  •   Headquartered in New Delhi, Little Goa is a retail format..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Bars, Pubs & Lounge
    About Us: Mumbai First Mexican Themed Resto – Pub Sammy Sosa is..
    Locations looking for expansion Maharashtra
    Establishment year 2008
    Franchising Launch Date 2015
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1000 - 1500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Fine Dine Restaurants
    Vanakkam Café was established in Mumbai. Vanakkam Café serves South..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
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