Exports, Rising Power Demand to Support Manufacturing Growth Despite Rural Weakness: ICICI Bank

Exports, rising power demand to support manufacturing growth despite rural weakness: ICICI Bank

India's manufacturing sector is projected to grow, supported by increased exports and a strengthening investment cycle. Industrial production saw a notable year-on-year increase, with manufacturing rising 9 percent in August. However, the report highlights that a below-normal monsoon may negatively impact rural demand and consumption. Electrical equipment and transport sectors exhibited significant growth, reflecting a broad-based improvement in…

India's manufacturing growth likely to remain robust on exports, capex push: Report - tennews.in: National News Portal

New Delhi, Sep 29 (IANS) India’s manufacturing growth is likely to remain supported by exports and a strengthening investment cycle in the coming months despite below-normal monsoon that could weigh on rural demand, according to a report. According to a report by ICICI Bank, exports are expected to remain a bright spot for manufacturing, while […] The post India’s manufacturing growth likely to remain robust on exports, capex push: Report appear…

India's manufacturing growth likely to remain robust on exports, capex push: Report

Digital Desk | New Delhi, Sep 29 (IANS) India's manufacturing growth is likely to remain supported by exports and a strengthening investment cycle in the coming months despite below-normal monsoon that could weigh on rural demand, according to a report. According to a report by ICICI Bank, exports are expected to remain a bright spot for manufacturing, while rising power demand is signalling strength in the investment cycle as capital expendit…

India’s manufacturing growth likely to remain robust on exports, capex push: Report

New Delhi, Sep 29 (SocialNews.XYZ) India's manufacturing growth is likely to remain supported by exports and a strengthening investment cycle in the coming months despite below-normal monsoon that could weigh on rural demand, according to... - Social News XYZ