LMW Banner 2

Your future advertising space? Our media data

Camozzi

Your future advertising space? Our media data

OEM Update

Reduction in tax

November 30, 2009 9:10 am

The Indian manufacturing industry passed through a lean phase in the past few months as recessionary pressures made investors hesitant to invest funds and compelled customers to put their purchases on hold, which resulted in low industrial output. A reduction in tax worth Rs 40,000 crore has played a pivotal role in reviving the economy. The growth in industrial output will encourage the government to introduce more such stimulus packages.
The activities in the Indian manufacturing industry are surging at a phenomenal rate. During September 2009, the industry managed to recover from its 5-month dip in August on the back of high domestic demand and robust factory orders.

Advertising

Your future advertising space? Our media data

Cookie Consent OEM Update

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags:
Webinar

Your future advertising space? Our media data

Events

India Fastener Show
Aerodef India Manufacturing Expo
ChemPro Tech India
Intralogistics and Warehousing Expo
Metal Forming Expo
amtex
Fastener Fair India
Himtex 2024
World of Photonics India
IFFE Expo
India Essen Welding and Cutting Expo

eMagazine February 2024

eMagazine February 2024

Your future advertising space? Our media data

Our Sponsors

STMCNCPilz IndiaFuji Electric IndiaBibus IndiaMallcomPMT Machines LtdIgus India Pvt LtdVega India Level LtdFenwick and RaviMMC Hardmetal Pvt LtdRadicon PowerbuildMennekesACD MachinesJupiter ElectronicsZiessMitsubishi MaterialsFietestUnited GrindingProstarm