Tag Archives: Factory outlet

Manufacturing ends 2020 on a brighter note

BENGALURU: India manufacturing sector It ended roughly 2020 on a stronger note as manufacturers increased production to meet growing demand, a private survey showed on Monday, although the employment situation worsened as companies continued to downsize. Manufacturing has been one of the main drivers of recovery in Asia’s third-largest economy …

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Factory production contracts for the fifth consecutive month

India’s industrial production, as measured by the Industrial Production Index (IIP), contracted 10.4% annually in July, according to data released by the ministry of statistics and program implementation. This is the fifth consecutive month of contraction in PII. While the contraction is in line with a Reuters forecast, it is …

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