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UNIDO Findings on Industrial Growth.

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..... UNIDO Findings on Industrial Growth.
News and Press Release
Dated:- 5-9-2012

Press Information Bureau Government of India Ministry of Commerce & Industry 05-September-2012 16:37 IST .....

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..... UNIDO Findings on Industrial Growth According to a Report of United Nations Industrial Development Organization (UNIDO) the world manufacturing output rose by 5.5. per cent in the third quarter of 20 .....

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..... 11, compared to the same period of 2010. This growth is mainly attributed to developing countries, whose manufacturing output increased by 13 per cent. There has been some moderation in the growth ra .....

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..... te of industrial production as measured in the Index of Industrial Production (IIP). The IIP growth rate in the fourth quarter (Jan-March) 2011-12 was 0.6% as compared to the growth rate registered of .....

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..... 7.9% in the corresponding quarter of previous year (Jan-March) 2010-11. The major sectors that have adversely affected IIP growth are manufacturing and mining. Major reasons for the decline in manuf .....

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..... acturing include global economic uncertainty, sluggish domestic demand, hardening of interest rates etc., whereas regulatory and environmental issues, court orders, decline in international demand for .....

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..... metallic minerals etc. Are affecting production in the mining sector. This information was given by the Minister of State of Commerce and Industry, Shri Jyotiraditya M. Scindia in a written reply in .....

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..... the Rajya Sabha today. DS/GK
News - Press release - PIB .....

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