News

Manufacturing figure grew by 10.90 per cent in the third quarter of 2017. Under the Make in India initiative, the Government of India targets to increase the share of the manufacturing sector to the gross domestic product (GDP) to 25 per cent by 2022, from the present 16 per cent, and to create 100 million new jobs by 2022. Business conditions in the Indian manufacturing sector continue to remain positive and demand in Developing Countries is expected to grow during 2018-19.