Wearing apparel production growth at 9-year high in FY’14

Related Keywords: apparel production in india, garment export from Bangladesh, garment export from china, Garment export from india, Industrial production in india

Mumbai
apparel production growth graph
Summary: 
While manufacturing sector has been on the slump for the past three years, wearing apparel segment is growing in opposite direction. It not only clocked the highest growth in fiscal 2013-14 amongst the 22 industry groups that comprises the manufacturing sector, but also at a nine-year high.

While manufacturing sector has been on the slump for the past three years, wearing apparel segment is growing in opposite direction. It not only clocked the highest growth in fiscal 2013-14 amongst the 22 industry groups that comprises the manufacturing sector, but also at a nine-year high.

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Industrial output disappointing, textiles appear better in September

Related Keywords: apparel production in india, clothing production in india, index of industrial production, Industrial production in india, textile production in india

Mumbai
Summary: 
The estimates of Index of Industrial Production for the month of September 2013, released by the Central Statistics Office, indicate a disappointing performance of the manufacturing sector during the month. While the general Index was up 2%, manufacturing growth was just 0.6% against the backdrop of the decline of 1.6% recorded in September 2012. Mining output was up 3.3%, higher than 2.2% of last year power generation increased substantially by 12.9% in September 2013 compared to 3.9% of September 2012. This implies that power generation is not an impediment for industrial growth, as it has been depicted until now. Cumulative growth in the industrial production during April-September 2013-14 was more disappointing. It was just 0.4% during the period but a shade higher than last year.

The estimates of Index of Industrial Production for the month of September 2013, released by the Central Statistics Office, indicate a disappointing performance of the manufacturing sector during the month. While the general Index was up 2%, manufacturing growth was just 0.6% against the backdrop of the decline of 1.6% recorded in September 2012. Mining output was up 3.3%, higher than 2.2% of last year power generation increased substantially by 12.9% in September 2013 compared to 3.9% of September 2012.

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