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Experts are of the view that while a revival in demand is expected during CY2020 to about 5-10 per cent, the October 2019 (post which production of BS III vehicles are not allowed) transition to the next emission norm is a potential headwind given the changes in the equipment and its substantial cost implications.

Liquidity crunch hits MCE industry

Demand slowed down from Q1 CY2019 in light of the general elections which took place in Q2 CY2019.

30 Oct 2019 1:13 AM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)

Factory investment at 3-year low of Rs 3.31 lakh cr in 2017-18: Survey

The number of employees also increased to 1.55 crore in 2017-18 from 1.48 crore in the previous year.

19 Sept 2019 7:43 PM IST

In February 2022 Nirmala Sitharaman had stepped forward to salvage the situation by giving up a key mantra of what economists refer to as neo-liberalism . (File Photo: PTI)

Sanjaya Baru | The State in the economy and state of the economy

Returning to the 7.0 to 8.0 per cent growth path is the only way in which the next decade can hope to be dubbed as ...

6 Feb 2023 12:36 AM IST