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'Mfg growth to remain subdued in Q3 on high interest rates'

Last Updated: Tuesday, November 12, 2013, 00:05

"Low or subdued growth is supported primarily by some improvement on export front. However, we are seeing rising concerns over the cost of credit by the manufacturers as compared to previous surveys," Ficci President Naina Lal Kidwai said.

Centre urges states to create land banks for NIMZs

Last Updated: Thursday, September 13, 2012, 16:46

Worried over declining growth in manufacturing, the Centre on Thursday urged state governments to create land banks for setting up manufacturing zones for boosting industry and promoting job creation.

India to set up three more manufacturing investment zones

Last Updated: Saturday, August 04, 2012, 18:56

Against the backdrop of sharp decline in manufacturing growth, India will be setting up three more mega industrial and investment zones as part of its endeavour to push the contribution of the sector up to 25 percent of GDP by 2020.

Manufacturing growth inches up in April, snaps 3-month decline

Last Updated: Wednesday, May 02, 2012, 14:26

After three months of decline, India's manufacturing sector grew slightly in April as new orders poured in, but the rate of expansion was limited by power shortages and was weakest so far this year, an HSBC survey said.