Capacity utilisation had improved gradually from 71 per cent in the aftermath of demonetisation to 76.1 per cent in January-March 2019
S&P's reiteration of India's rating and outlook is good news for the government as it fights multiple fires on the economic front
He emphasised that these two sectors need to work together, as without services, manufacturing cannot succeed and without manufacturing, services cannot grow
A shortage of skilled workers, bureaucracy and lack of adequate road and port infrastructure are key impediments investors face in India
Overseas demand was hampered by slower global trade flows, underscoring the brodening impact of international tariff tensions, especially led by the bruising Sino-U.S. row
Make in India is primarily a manufacturing initiative, for both domestic and export markets