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Delhi's manufacturing sector grew by 16.15% in 2011-12

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Press Trust of India New Delhi

He said the new industrial policy introduced in the year 2010 has started giving the "encouraging" results.

"Delhi has been able to achieve a growth of 16.15 per cent of Gross State Domestic Product (GSDP) for Delhi for the manufacturing sector. The GSDP at current prices for manufacturing sector was Rs.13,844 crores in the year 2010-11 and has increased to Rs.16,081 crores during the year 2011-12," he said.

GSDP at current prices for the secondary sector as a whole (comprising manufacturing, electricity, gas and water supply and construction) has increased from Rs 45,697 crores in 2010-11 to Rs 54,501 crores in 2011-12, showing a growth rate of 19.26 per cent.

 

Delhi has got the highest minimum wages in the country, which has helped in retention of the labour and talent with the industry, he said.

  

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First Published: Jun 25 2012 | 10:05 PM IST

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