SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 13 Oct, 2018  

Manufacturing.Border.Thmb.jpg Positive manufacturing outlook for second quarter: Survey

Manufacturing.9.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 13 Oct, 2018

Industry body FICCI's latest quarterly survey on the manufacturing sector finds a positive outlook in July-September quarter on account of higher production against previous quarter Q-1 2018-19.

The output growth during July-September 2018 quarter has increased to 61% from 49% in April-June 2018, as per FICCI's Manufacturing Survey.

This is the highest percentage of respondents expecting higher production since Q-2 of 2015-16 where 63% of respondents expected higher production- a twelve quarters high sentiment.

The percentage of respondents reporting low production decreased to 9% in Q-2 2018-19 from 13% in Q-1 of 2018-19.

FICCI's Quarterly Manufacturing survey assessed the sentiments of manufacturers for Q-2 (July-September 2018-19) for twelve major sectors namely automotive, capital goods, cement and ceramics, chemicals, fertilizers and pharmaceuticals, electronics & electricals, food products, leather and footwear, medical devices and technologies, metal & metal products, paper products, textiles machinery and textiles.

Responses have been drawn from over 300 manufacturing units from both large and SME segments with a combined annual turnover of over 2.8 lakh crore.

High growth is expected in Cement and Ceramics, Capital Goods, Automotive and Medical Devices & Technologies in Q-2 2018-19 whereas moderate growth is expected in Textiles, Textile Machinery, Metal and Metal Products, Electronics & Electricals, Chemicals, Fertilizers and Pharmaceuticals, Food Products and Paper Products.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter