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Journalism of Courage
The Indian manufacturing sector has registered remarkable results during April-September 2006, indicates the Manufacturing ASCON survey by the Associations Council of the Confederation of Indian Industry CII. Maintaining the momentum built during the last quarter, almost 65 per cent of the manufacturing sectors continued on the high growth path the survey said.
There is also a greater shift to the excellent and high growth categories as compared to the same period last year.
8220;The emphasis that Indian companies have placed on continuously enhancing design and engineering skills, building new capabilities for product and technology innovation and in leveraging resources from around the world to provide value to customers are contributing in transforming 8220;Made in India8221; into a global brand8221;, says Satish Kaura, chairman, CII Industry Council.
As per the CII Manufacturing ASCON Survey, 65 per cent of the 125 sectors tracked have reported production of high to excellent growth
As per the survey, of the total of 125 sectors reporting production, 34 sectors recorded an excellent growth rate of more than 20 per cent, 47 sectors recorded a high growth rate of 10-20 per cent, 31 sectors registered moderate growth rate of 0-10 per cent.
