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Q3 manufacturing growth may moderate: FICCI

Published

9 years ago

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Ficci

New Delhi: India’s manufacturing sector is likely to experience moderate growth in the third quarter of the current fiscal, the Federation of Indian Chambers of Commerce and Industry (FICCI) said here Sunday.

According to the chamber’s latest quarterly survey, industrial production grew at a three-month high of 2.5 percent in September owing to better mining and manufacturing output.
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The manufacturing output grew by 2.5 percent in September, compared to 1.4 percent in the same month a year ago.

“The outlook on the basis of FICCI Manufacturing Survey for Q3 of 2014-15 is less optimistic than Q2 of 2014-15 for the manufacturing sector as the proportion of respondents expecting higher production vis-a-vis last year has fallen to 52 percent in Q3 from 62 percent in Q2”, FICCI said.

Growth is likely to be more broad based during the third quarter as most of the sectors are expecting improvement in production, added.

In terms of order books, 43 percent respondents have reported higher order books for the Oct-Dec 2014-15 quarter, which remains same as in the previous quarter, indicating no significant change in the demand conditions, the survey noted.

Inventory levels too continue to indicate a subdued demand scenario as currently around 37 percent respondents reported that they are carrying more than their average inventory levels, it added.

The survey gauges the expectations of manufacturers for the third quarter for thirteen major sectors, namely textiles, capital goods, metals, chemicals, cement and ceramics, electronics, auto components, leather and footwear, machine tools, food and fast-moving consumer goods (FMCG), tyre, paper and textiles machinery.

Responses have been drawn from 392 manufacturing units from both large and small and medium () segments with a combined annual turnover of over Rs.400,000 crore.

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Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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