Output Growth

Core sector contracts 1.8% in a first in 42 months, shows govt data

The contraction can be attributed to a high base as well as monsoon impacting industrial activity. The growth in the output was 6.1 per cent in July 2024 and 13.4 per cent in August 2023

Key infra sectors' growth slows down to 6.1% in July, shows govt data

The growth in production of eight key infrastructure sectors slowed down to 6.1 per cent in July this year due to a decline in the output of crude oil and natural gas, according to official data released on Friday. The growth rate, however, is up from 5.1 per cent in June. The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 8.5 per cent in July 2023. During April-July this fiscal, the output of core sectors rose by 6.1 per cent against 6.6 per cent in the same period last fiscal. The eight core sectors contribute 40.27 per cent to the Index of Industrial Production (IIP) which measures overall industrial growth. Crude oil and natural gas output contracted by (-) 2.9 per cent and (-) 1.3 per cent, respectively, in July.

Abrupt CEO change prompted by growth concerns, says Nestle Chairman

Bulcke didn't address the firm's guidance, currently set at an underlying operating margin of at least 17.5 per cent for 2025

Godrej Locks aims double-digit growth amid changing market dynamics

Godrej Locks & Architectural Fittings and Systems, a division of Godrej & Boyce, has set its sights on substantial growth of achieving an 8-10 per cent increase in its topline, which is double the sector's expected growth rate, a senior company official said on Monday. Retaining an optimistic outlook, the country's largest lock maker noted that the urban market has rebounded to pre-COVID growth levels, surpassing its previous performance. However, the rural market presents a more challenging scenario, with a projected two-year timeline for a full recovery, given the larger impact of the COVID-19 pandemic in rural areas, Shyam Motwani, Business Head of Godrej Locks. He said rural and semi-urban areas account for 25 per cent of their business, while the remaining 75 per cent is urban centric. In an effort to embrace evolving consumer preferences, the company is focusing on digital technology locks, which currently constitute only 3 per cent of their revenue but are doubling in ..

Output growth likely to improve in FY17: RBI survey

CPI inflation is expected to be at 5.2% in first quarter of 2016-17 and remain above 5% till fourth quarter of this fiscal

Ind-Ra pegs March factory output growth at 1.9%

It said it expects industrial production in March to get a boost from better performance in core sectors of economy