July-Sept industry survey expects high output from textiles, chemicals sectors
07 Sep '05
3 min read
The industrialists report an accelerated rate of growth of output during the months April – June 2005, at a strength which has not been reported for about a year: 52% of the industrialists expanded their output, 13% reported a marked rise, and 22% reduced their output (this is against 43% who registered an increase and 31% who registered a drop in the previous survey).
A rise in output was registered in all branches of industry, with an especially sharp rise in output in the food, chemicals and electronics branches.
Parallel to this, in the second quarter of the year there was a significant rise in utilization of industrial equipment: 40% of industrialists registered a rise in utilization and around 20% reported a drop (as against 34% and 25% respectively in the previous survey); this alongside a slight slowdown in the rate of growth of stocks, both in stocks of finished goods and in stocks of raw materials.
For the third quarter of 2005 the industrialists anticipate a continuation of the trend of expanded industrial output: 48% of the industrialists anticipate a rise, and 15% anticipate a drop in output. A rise in output is expected in most industrial branches, with a particularly sharp rise expected in the branches of textiles, food, chemicals and electronics.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
