Home / Knowledge / News / Textiles / Cumulative growth stands at 8.7%
Cumulative growth stands at 8.7%
12
Apr '08
The Quick Estimates of Index of Industrial Production (IIP) with base 1993-94 for the month of February 2008 have been released by the Central Statistical Organisation of the Ministry of Statistics and Programme Implementation.

The General Index stands at 273.9, which is 8.6% higher as compared to the level in the month of February 2007. The cumulative growth for the period April-February 2007-08 stands at 8.7% over the corresponding period of the previous year.

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2008 stand at 182.8, 293.9, and 211.3 respectively, with the corresponding growth rates of 7.5%, 8.6% and 9.8% as compared to February 2007.

The cumulative growth during April-February, 2007-08 over the corresponding period of 2006-07 in the three sectors have been 5.1%, 9.1% and 6.6% respectively, which moved the overall growth in the General Index to 8.7%.

In terms of industries, as many as fifteen (15) out of the seventeen (17) industry groups (as per 2-digit NIC-1987) have shown positive growth during the month of February 2008 as compared to the corresponding month of the previous year.

The industry group 'Jute and Other Vegetable Fibre Textile (except cotton)' have shown the highest growth of 864.1%, followed by 18.8% in 'Leather and Leather & Fur products' and 18.2% in 'Metal Products and Parts, except Machinery and Equipment'.

On the other hand, the industry group 'Wood and Wood Products; Furniture and Fixtures' have shown a negative growth of 13.8% followed by 1.7% in 'Textile Products (including Wearing Apparel)'.

Must ReadView All

Fashion | On 20th Feb 2017

South Korea’s fashion industry to grow 3.3% in 2017

The South Korean fashion industry is expected to grow by 3.3 per cent ...

Textiles | On 20th Feb 2017

Brazilian cotton prices oscillate in first week of Feb

In the first fortnight of February 2017, Brazilian cotton prices...

Apparel/Garments | On 20th Feb 2017

Kate Spade & Company Q4 net sales climb 9.8%

For the three months ended December 31, 2016, net sales at apparel...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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