https://www.taxtmi.com/news?id=22447 Industrial sector performance is central to achieving the USD five trillion economy target, with manufacturing identified as the main drag on industrial GVA growth. Key indicators show slowed IIP growth and contractions in capital goods, consumer durables and infrastructure goods, attributed to constrained credit to medium and small enterprises, reduced non bank financing, weaker domestic demand in specific sectors, external price volatility and trade uncertainties. Policy emphasis is placed on restoring investment momentum, stabilising credit flows, and promoting Industry 4.0 automation to revive manufacturing-led growth. en-us Fri, 31 Jan 2020 14:37:29 +0530 Fri, 31 Jan 2020 14:37:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22447 Industrial sector performance is central to achieving the USD five trillion economy target, with manufacturing identified as the main drag on industrial GVA growth. Key indicators show slowed IIP growth and contractions in capital goods, consumer durables and infrastructure goods, attributed to constrained credit to medium and small enterprises, reduced non bank financing, weaker domestic demand in specific sectors, external price volatility and trade uncertainties. Policy emphasis is placed on restoring investment momentum, stabilising credit flows, and promoting Industry 4.0 automation to revive manufacturing-led growth. News - Fri, 31 Jan 2020 14:37:29 +0530 https://www.taxtmi.com/news?id=22447