OTCQB:DGWR - Post by User
Post by
Hannah.Hutchcrafton Jun 07, 2011 3:47pm
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Post# 18682960
Industrial growth overview
Industrial growth overviewThe industrial growth registered in December 2010 shows a slight increase by 2.5 percent as compared to the growth of 18 percent in December 2009. The industry constituents , manufacturing sector shows sluggish 2 percent expansion in manufacturing sector during the month which has been the slowest growth recorded by this sector since April 2009. The other sectors like mining and electricity saw an increase by 5.7 percent and 6 percent respectively in December 2010 as against the growth of 11.1 percent and 5.4 percent respectively in December 2009. According to
industry experts, this slowdown in overall IIP growth was mainly due to the base effect, with the index having recorded a steep growth in December 2009.