India News Online » News Analysis » Indian Economy » 

Industry: Manufacturing sector growth declined in 2007-08

	May 12, 2008

According to a recent survey conducted by the Confederation of Indian Industry (CII), a leading industry chamber and Association of Council (ASCON), India's manufacturing sector witnessed a decline between April 2007 and March 2008. While 21.73 percent of all units in the manufacturing sector recorded over 20 percent growth in 2006-07, the figure declined to 15.38 percent in 2007-08. The study says 30.77 percent units in the sector recorded 10 to 20 percent growth in 2007-08 against 36.73 p ...