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Capital goods News
Govt says 63%, industry 22% Nobody really doubts the robust nature of the rebound in the Indian industrial sector. But data on the growth of the capital goods sector released by the government, and those compiled from industry present a study in contrast. According to the data released by the government, the capital goods segment in the overall industrial output rose by 63 per cent in July and pushed up the Index of Industrial
IIP up 13.8% on capital goods
Indian industry began the second quarter on a strong footing, clocking 13.8 per cent growth in July. The growth rate — the highest in two months — exceeded market expectations of moderation to
Amendments to FTP to be announced on August 23
When Commerce and Industry Minister Anand Sharma announces amendments to the Foreign Trade Policy (FTP) 2009-14 on August 23, he is likely to provide additional incentives to sectors such as
Base and basis of growth
It is easy to think of the impressive 17.6 per cent increase in the April-on-April growth rate of the index of industrial production as the product of what statisticians call the base effect.
A year on, commerce minister has played safe
When Anand Sharma took over as commerce minister one year back, exports growth rates were negative, the negotiations at the World Trade Organization (WTO) were at a standstill, bilateral trade
Engineering high growth
Better demand, order inflows suggest turnaround for capital goods companies. |
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