labels: industry - general, economy - general
Manufacturing sector grew 12.7 per cent in Maynews
06 July 2005

New Delhi: The manufacturing sector grew by 12.7 percent in the month of May against 10.7 per cent during the corresponding period last year, on the back of increased demand and better availability of raw materials.

Sectors like basic chemicals and chemical products registered a growth of 18.3 per cent while machinery and equipment registered a growth of 16.2 per cent.

Among the user-based industries the capital goods sector showed the highest rate of growth of 20.7 per cent. Transport equipment witnessed a growth of 15.7 per cent while metal products except machinery grew at 13.3 per cent.

 


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Manufacturing sector grew 12.7 per cent in May