The growth of India’s Manufacturing Gross Value Added (GVA) and Gross Domestic Product (GDP) from the year 2005-06 at constant (2011-12) prices is given below: Growth rate (in per cent) of Manufacturing GVA and GDP at constant (2011-12) prices Year Growth rate of Manufacturing Growth rate of GDP 2005-06 9.3 7.9 2006-07 17.8 8.1 2007-08 7.0 7.7 2008-09 4.7 ...
Read More »INDUSTRIALISATION AND MANUFACTURING
JSPL-Angul posts record production of Hot Metal
India’s largest Blast Furnace at JSPL Angul Odisha has produced its highest ever Hot Metal production of 10845 MT for a single day on 2nd July 2019. It is also reported that this is the ever highest production produced by any of the BFs in India. The furnace is stable for the last one week and has continuously produced more than 10,000 Tons per ...
Read More »Building skills, renewing vision: A small roadmap to development
“In China, probably 10-13% people are engaged in agriculture and only about 4% in US. We must bring it down to 25-30% in India to make this an efficient process. If that has to happen, we have to go down to rural India and develop skills and they need not migrate to the cities. We can automate various phases of ...
Read More »How to make Odisha a manufacturing hub of smaller thing
The perception towards the cost and quality has undergone a sea change. In a globalized world, quality is the key factor which sells the items. Because of very stiff competition across the world, good quality along with the competitive pricing keeps the products sale-able. With the economic condition of the people improving all over the world, cheap items with low ...
Read More »Is Odisha caught up in a ‘Rotten Potato’ syndrome?
One particular pair of shoes does not fit all.Hence, the Chinese created new shoes for themselves. With a new approach and attitude towards discipline, social etiquettes, health and hygiene etc. China created new priorities and economic theories and defined them to fit into their ground realities. Rest, as they say, has become history!Chinese housewife preferred throwing out all the ‘rotten ...
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