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Growth of Manufacturing Sector |
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26-8-2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The details of the growth rate of the manufacturing sector and industry subgroups viz, textiles, wearing apparel, rubber, plastic products, electrical machinery apparatus and furniture,during the last three years,along with their weights (relative contribution), as per the Index of Industrial Production (IIP), are given in the Table below. Table: Growth Rate and Weights of Industry Groups at NIC2-digit.
Source: Central Statistics Office. Industrial / manufacturing production is adversely affected by a number of demand and supply factors including devaluation of rupee, inflation, rising input cost, decline in external demand, and global economic slowdown etc. The information was given by the Minister of State in the Ministry of Commerce and Industry Dr. E.M. Sudarsana Natchiappan in a written reply in Lok Sabha today. |
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