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Industrial Upturn Depends on Improved Policy Environment and Higher Investment Rates
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....ndustrial Upturn Depends on Improved Policy Environment and Higher Investment Rates <br>News and Press Release<br>Dated:- 9-7-2014<br><BR>The near-term industrial upturn is conditional on continued im....
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....provements in the policy environment and a quick return to peak investment rates. The HSBC India Manufacturing Purchasing Managers' Index (PM) increased marginally from 51.3 in April to 51.4 in May, 2....
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....014. It indicates some improvement in manufacturing activities and domestic and exports orders. Lead indicators for the first two months of the current financial year for power generation and producti....
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....on of cement, steel, fertilizers, and coal show improvement. Railways freight earnings and exports have also picked up, raising hopes of increased industrial activity in the coming months. The index o....
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....f eight core infrastructural supporting industries registered a growth of 4.2 per cent in April 2014 as compared to 3.7 per cent growth recorded in April, 2013. Further IIP-based overall industrial gr....
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....owth was 3.4 per cent in April 2014 as compared to the 1.5 per cent growth recorded in April, 2013. With the improvement in overall macroeconomic environment, industry is expected to revive and growt....
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....h can accelerate gradually over the next two years.<BR> News - Press release - PIB....