Home / Knowledge / News / Textiles / Maharashtra, Gujarat top in manufacturing emergence: study
Maharashtra, Gujarat top in manufacturing emergence: study
Sep '17
Maharashtra and Gujarat topped among mainstream states in manufacturing emergence, says the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Parameters like number of factories, working capital, net fixed capital formation, fixed capital, finished goods, invested capital and total inputs, were considered to ascertain the states’ performance.

While Maharashtra topped with highest growth in entrepreneurs memorandum (EM) part-II filed by micro, small and medium enterprises (MSMEs), Gujarat performed very well on parameters like change in capacity utilisation, operational ratio, value addition and input cost,” according to the study by the ASSOCHAM Economic Research Bureau titled ‘Manufacturing Excellence and Emergence in India: The state level analysis.’

For each state, data was also considered from the annual survey of industries conducted by the ministry of statistics and programme implementation between fiscals 2009-10 and 2014-15, according to an ASSOCHAM press release.

India’s manufacturing sector also faced challenges like competitive cost and technology being offered by countries like Bangladesh, China, Indonesia, Korea, Singapore and Taiwan.

The study also stressed upon the importance of increasing share of manufacturing sector in India’s gross domestic product (GDP) to absorb a young workforce as the bulk of population relies on agriculture for employment.

“The Union Government must address issues relating to poor product quality, infrastructural bottlenecks and inadequate efforts at research and development from a holistic macro perspective as they have collectively taken a toll on India’s manufacturing competitiveness,” said DS Rawat, secretary general of ASSOCHAM while releasing the findings of the study. (DS)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Pyrates Smart Fabrics

Textiles | On 16th Jul 2018

Spain's Pyrates Smart Fabrics targets Asia, S America

Spain-based Pyrates Smart Fabrics, whose major markets are northern...

Bangladesh to modernise 3 jute factories to boost sector

Textiles | On 16th Jul 2018

Bangladesh to modernise 3 jute factories to boost sector

The executive committee of Bangladesh’s National Economic Council...

Courtesy: Asda

Apparel/Garments | On 16th Jul 2018

J Sainsbury agrees to £3.5 bn financing for Asda merger

J Sainsbury plc has agreed for a financing package of £3.5 billion in ...

Interviews View All

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

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


Leave your Comments

July 2018

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

news category

Related Categories:

Advanced Search