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Silk city to auto city Samarapungavan and Sankarabharanam Platinum years of engineering innovation, building skills... Amazon runs into trouble with Karnataka government Chaos at Chettinad house TN lost several Tata projects… Mediville amidst a modern industrial complex Water, water everywhere… TEAM BUILDING AND NURTURE LEARNING… Crafting spaces to excellence When Chennai caught up with Petro-boom... Tap the big land resource Weaving wealth... Windfall in locked lands The year of resurgence... To make companies TN their home... Automatic cars zip ahead... The Indian punch to global FMCG giants! Give fridges and washing machines free... Centre of modern industrial temples Bland skies henceforth? Yen for research and development Pearl city to port city Radiant Rajasthan... Indian majors’ industrial hub ‘Swachh’ city... Focus on increasing ethanol production... Dynamic pricing is so destructive! A positive sign for Make In India Marching Towards Navratna No break for growth... Textiles: a stitch in time I scream... Power position brightens Ports-gateways to trade... Kalinga Plant ready to ROLL All that glitters… Cognizant to buy out TRiZetto for US $ 2.7 Bn Bonanza in locked lands... On the banks of Bhavani Bitter state of the sweet sector Powering industrial dreams... High sugarcane prices crush industry A silent revolution at Sowripalayam Knitting for the globe Largest blast furnace at Burnpur Manpower for plastics... Aavin leads second milk revolution The city never sleeps Sugar as a byproduct of sugar mills… Rise and fall of India’s calcium carbide industry Needed – a strong machine tool industry Changing face of Bhiwadi Safe bet on solar Queen of industrial clusters Weaving knowledge and wealth Changing horizons.... Farmer’s Friend Schwing Stetter forays into tower crane business Tractor Industry in low gear Growing industrial outpost Health insurance on growth curve LMW: Spinning Success... Unique Tirupur water supply scheme Our own Silicon Valley
 
A positive sign for Make In India
For all those who have been questioning the Make In India and if it is really shaping at the ground level, the industrial output that surged to 9.8 per cent, marking a five year high has shown the results.
Manufacturing output jumped to 10.6 per cent, the mining sector increased to 4.7 per cent and electricity production went up to 9 per cent. With the parliament being stalled from passing important bills like the GST, these numbers can bring in some cheer to the Industry.    

The Industrial productions growth has been the fastest pace since 2010 when it went upto 10 per cent then.  Though monthly spikes are not to be dealt too seriously, such positive ups boost hope to the battered economy. Overall April-October growth rose to 4.8 per cent, compared to 2.2 per cent in the previous year.

Manufacturing output jumped to 10.6 per cent, the mining sector increased to 4.7 per cent and electricity production went up to 9 per cent. With the parliament being stalled from passing important bills like the GST, these numbers can bring in some cheer to the Industry.

Though the lowering of the base rate and the festive season pushed the growth, several industries don’t feel that this can extend as there is no major pickup sign from the corporate end.

The standout performance was that of consumer durables at 42.2 per cent expansion. This highlights the strong urban demand. Consumer non-durables, which depends more on the rural economy, turned positive after many months of contraction.

Capital goods output was up 16.1 per cent, providing more evidence of a slight recovery in the investment cycle. In terms of sectors, 17 out of the 22 industry groups in manufacturing showed positive growth. The rise in manufacturing output was led by furniture, office machinery and communication equipment.

This reveals how closely the manufacturing industry is related to the services and the growth in services industry that triggers manufacturing. As a growing economy trying to fuel its developed nation dreams through manufacturing sector, the government and the industry should understand that no longer manufacturing can be a standalone sector and its demands are entwined with the services sector.

With old processes, outdated machinery, lagging technology and the yet to be updated labour law, India suffers in archaic period. Though large companies are adept to technology, the supporting systems, aka the small and medium industries need to be provided with similar facilities to upgrade and facilitate the changing demands and needs. In times to come, manufacturing and services would become hand in hand to facilitate better productivity.


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