Manufacturing remains down in March, with slight improvement seen

April 10th, 2009
Author : Biz2Credit Advisor

Depressed demand decreased Indian manufacturing for the fifth month in a row according to an article published on livemint.com The purchasing managers index (PMI) showed a slight improved above the 44.4 low in December.

according to an article published on livemint.com. The purchasing managers index (PMI) showed a slight improved above the 44.4 low in December. A survey of 500 companies compiled by UK-based Markit Group projected that on the whole, business conditions in the manufacturing sector were improving. The numbers have come well ahead of the official statistics.

Leave a Comment





Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.


Small Business News    

Impact of Inflation on SMEs

2010-09-09 01:10:57

SMEs are small businesses, in their early stage of growth. They exercise little or less control over markets. They, during initial years, have to struggle with cash flow management leading to squeezed reserves and labor shortages which implies high wage costs. A rise in inflation...

Small and Mid Sized Auto Component Manufacturers Shining

2010-09-04 02:29:28

The auto component Manufacturers’ Association of India (ACMA) revealed that the domestic auto component industry has pegged 20% growth in the year 2009-10. Its turnover remained US$ 22 billion. The reason for such growth has been the expansion activities undertaken by SMEs ...

Monthly Newsletter

Name:

Email: