23.11.13

Of Manufacturing Share in GDP....

Share of manufacturing in India’s gross domestic product (GDP) has declined to 15.1% this year, the lowest level in the past 10 years.
According to a survey conducted jointly by the Confederation of Indian Industry (CII) and the Boston Consulting Group, 83% executive directors of companies that participated in the survey feel that slowdown in domestic demand had the biggest impact on India’s manufacturing sector in the past 12 months. More than 75 executive directors of manufacturing companies in India participated in the survey. The report was released on the eve of CII’s 12th edition of manufacturing summit. 

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