Manufacturing sector may return growth of 9.5% in 2008-09

04 Aug '08

4 min read

Those which are projected to achieve high growth in 2008-09 are: Refinery (10%), cement (11.5%), steel (10%), hydroelectric power (10%), chemicals (12%), caustic soda (10%), plastics and polymers (12%), HDPE (10%), LLDP (11%), LLDPE (11%), textile machinery (10%), electrical equipment and machinery (12%), circuit breakers (10.5%), capacitors (15%), power transformers (15%), distribution transformers (15%), electric generators (17%), motor starters (18%), transmission line towers (14%), tractors (15%), oil and gas equipment (12%), pipe and tube industry (11%), diesel engines (12%), auto components (16%), foundry and castings (14%), machine tools (10%), electronic components (12%), colour picture tube (18%), glass and glass products (12%), glass containers and wares (11%), fibre glass (10%), polyester filament yarn (12.5%), polyester staple fibre (13%), colour TV (15%), flat TV – CRT (16%), watch (10%), clock (10%), refrigerators (12%), air conditioners (10%), washing machines (17%), personal computers (16%), automobile (11%), passenger cars (15%), utility vehicles (13%), passenger vehicles (14%), scooters (13%), leather and leather products (10%), leather footwear (11%), FMCG overall (16%), soap and toiletries (14%), fabric wash (10%), drugs and pharmaceuticals (10%), processed fruit and vegetables (15%), biscuits (12%), and sugar (16%).

The sectors projected to achieve moderate growth include: Crude oil (2%), natural gas (6%), coal (7%), aluminium (7.5%), electric power generation overall (7%), thermal power (7.2%), nuclear power (2.5%), soda ash (5%), polymers (8%), PVC (5%), fertilizers (4.5%), nitrogen fertilizers (4.5%), phosphate (5.5%), electric motors / rotating motors (7%), energy meters (6%), switchgear (8%), refractoriness (9%), flat glass (9%), cotton textiles (5.5%), textile yarn (5.5%), fabrics (5%), commercial vehicles (6%), motorcycles (5%), two wheelers (4%), three wheelers (5%), automotive tyre (9%), bus and truck tyre (8%), chocolates (9%), edible oil (7%), and tea (1.5%).

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Federation of Indian Chambers of Commerce and Industry

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