Home / Knowledge / News / Textile machinery shows moderate growth for April-Dec
Textile machinery shows moderate growth for April-Dec
Feb '08
The ASCON survey carried by the Confederation of Indian Industry (CII) for April 2007- December 2007 over April 2006 –December 2006, which tracks the performance of the various manufacturing sectors of the industry, was released.

Although the sectors showing excellent growth has declined compared to last quarter, the number of sectors showing high growth has moderately increased for the same period.

Out of a total of 100 sectors reporting production, 15 sectors reported excellent growth rate of more than 20% and 30 sectors recorded high growth rate of 10-20 percent. 41 sectors recorded a moderate growth rate of less than 10 percent and 14 sectors recorded negative growth rate.

The percentage remained same for moderate category and percentage of sectors in negative category showed slight decline for the period April 2007 to December 2007.

The percentage of sectors in excellent category has declined while percentage of sectors in high growth category has increased.

Click here to view more:

While releasing the CII ASCON Survey for the period April 07 to December 07, Mr Satish Kaura, Chairman, CII Industry Council, said “ It is heartening to see the slight decline in the sectors showing negative growth and modest increase in the sectors in high growth category, but still we need to be cautious and work with government to accelerate the growth rate of manufacturing.”

There is an urgent need to address the issue ofhigh interest rates, reduced credit availability and rupee appreciation. This year has seen a slow down based on this.

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search