Month: July 2017

Current scenario of the economic impact of manufacturing industry

Manufacturing sector in India has the potential to elevate much of the Indian population above poverty by shifting majority of the workforce out of low-wage agriculture. In any country, manufacturing sector is the backbone of any economy as…

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How higher production costs impact manufacturing competitiveness

As per the latest survey by the Federation of Indian Chambers of Commerce and Industry (FICCI), in the last few months the rising production costs have impacted the manufacturing competitiveness. The latest quarterly survey by the industry body…

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