Commenting on the IIP figures released for the month of May 2015, Dr Jyotsna Suri, President, FICCI said "Manufacturing sector growth seems to be picking up though it remains sluggish. With capital goods sector registering positive growth it indicates turnaround in investments in economy".
"Measures taken up in the last few months to expedite the project clearances and also in the area of ease of doing business have started yielding results and we are hopeful that growth will accelerate in coming months" Dr. Suri stated.
"Negative consumer demand growth is an area of concern and we hope that Government would bring out specific measures to stimulate demand in the economy" noted Suri.