Monday, February 2, 2015

Manufacture Down (-)15.5 Points, Durables (-) 109.4 Points
February02, 2015 (C) Ravinder Singh ravinderinvent@gmail.com

Its very funny but bitter fact there was ‘Manufacturing Summit 2015’
recently on ‘Can’t We Dream of India a $20 Trillion Economy’ mainly
sponsored by Adani, Boeing, Johnson & Johnson, SAP and Ingersoll – No
Indian Inventor and Industry was Leading Speaker – Tragedy of present
Government is such that Indian Manufacturing is Totally Destroyed
gasping for Foreign Oxygen.

INDIAN ECONOMY IS IN TOTAL MESS AND NEEDS BEST QUALIFIED ENGINEERS
WITH BEST SKILLS & ABSOLUTE INTEGRITY WITH ABSOLUTE MAJORITY
GOVERNMENT TO PULL INDIA OUT OF TROULBLES – EVEN RAGHURAM RAJAN IS
RATED AS DULLARD.

He didn’t WARN INDIA OF MANUCTURING CRISIS and Truthfully Presented
The Data in Detail – State Wise Data WAS MOST APPROPRIATE to pin point
Worst Cases Where ‘Immediate Surgery’ is Required.

Consumer Durables where ‘Value Additions Is Maximum And Exports Are
Most Profitable’ has just 8.46% Weight of Industry which is around 25%
of GDP CRASHED 109.4 points in 21 months.

There are two types of Classifications – Sectoral or Use Based.

INDUSTRY    Weight     2012-13    2013-14    Oct.2014
General Index    100.00    172.2    172.0    162.4
1 Sectoral Classification                
1.1 Mining and Quarrying    14.16    125.5    124.7    125.0
1.2 Manufacturing    75.53    183.3    181.9    166.4
1.3 Electricity    10.32    155.2    164.7    184.2

Manufacturing with 75.53% Weightage was in crisis but holding on
grimly but Crashed 15.5% Points After New Government took over. This
data also shows that Mining Sector too didn’t improve. Electricity
sector with 10.32% Weight registered 19.5% Point too came at a time
when Petroleum Prices have crashed by over 50% that standby power
ought to be a par with grid power to Industries but strangely GOI is
not rolling back Petroleum Prices.

INDUSTRY    Weight     2012-13    2013-14    Oct.2014
General Index    100.00    172.2    172.0    162.4
2 Use-Based Classification                
2.1 Basic Goods    45.68    153.6    156.9    162.0
2.2 Capital Goods    8.83    251.6    242.6    241.5
2.3 Intermediate Goods    15.69    146.7    151.3    145.9
2.4 Consumer Goods    29.81    190.6    185.3    148.3
2.4.1 Consumer Durables    8.46    301.1    264.2    191.7
2.4.2 Consumer Non Durables    21.35    146.9    154.0    131.1

Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857

No comments:

Post a Comment

Competitiveness, climate, security Finn’s priorities Ministry of Finance release Finnish road map of EU presidency. Finland i...