Manufacturing investments rose in FY18 as rent, profits fell

Manufacturing investments rose in FY18 as rent, profits fell

Manufacturing sector investments grew 10.24% in 2018-19 over the previous fiscal even as the rent payout and profits fell while the interest paid increased. As per the final Annual Survey of Industries (ASI) for 2018-19, that ET has reviewed, gross fixed capital formation (GFCF), was Rs 3.44 lakh crore compared to Rs 3.12 lakh crore … Read more