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        <h1>Manufacturing Sector Faces Fluctuating Growth Due to Economic Challenges; Textiles and Apparel Show Mixed Performance.</h1> The manufacturing sector experienced fluctuating growth rates over the past three years, influenced by various economic factors. Textiles saw growth rates of 6.7%, -1.3%, and 5.9%, while wearing apparel had -8.5% and 10.4% in the latter two years. Rubber and plastics products showed minimal growth, and machinery and equipment experienced declines. Electrical machinery had a significant drop in 2011-12, and furniture manufacturing consistently declined. Overall manufacturing growth rates were 9.0%, 3.0%, and 1.3%, respectively. Factors such as currency devaluation, inflation, rising input costs, and global economic slowdown were cited as challenges affecting industrial production.

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        ActsIncome Tax
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