Followers

Monday, November 13, 2023

Indian manufacturing growth expected to continue: FICCI survey

Indian manufacturing has accelerated through the second quarter of 2023-24 and is likely to continue for the subsequent quarters of the financial year 2023-24, notwithstanding the slowdown in developed nations, industry body FICCI's latest quarterly survey revealed. The existing average capacity utilization in the Indian manufacturing sector is around 74 per cent, slightly higher than the 73 per cent recorded during the previous quarters. It sought responses from over 380 manufacturing units from both the large and SME segments with a combined annual turnover of over Rs 4.88 lakh crores.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qNCLHkd

No comments:

Post a Comment

US indictment: Did Adani Group flout disclosure norms? Sebi seeks answer

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...