SME Times is powered by   
Search News
Just in:   • Embedded finance to unlock $25 bn revenue opportunity for India’s platforms by 2030  • Hyderabad fastest-growing among 6 Indian cities amid real estate surge  • Celebration of Indian culture in Brazil: PM Modi  • Delhi chokes under ‘severe plus’ air quality amid dense fog  • High-street fashion players looking at India for manufacturing: Report 
Last updated: 13 Oct, 2018  

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

Manufacturing.9.jpg
   Top Stories
» Embedded finance to unlock $25 bn revenue opportunity for India’s platforms by 2030
» Delhi chokes under ‘severe plus’ air quality amid dense fog
» Manipur: HM Amit Shah reviews situation, directs officials to take proactive steps
» India's economy in sweet spot with strong growth, inflation likely to ease: Moody’s
» India’s tech and durables sector sees 13 pc value growth in festive season
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
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Will the new MSME credit assessment model simplify financing?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter