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The Outliers: Manufacturing Sectors That Have Defied The Slowdown
Amid everyday stories of economic slowdown, four manufacturing industries have defied the gloom. Here’s why
22 Oct 2019, 01:17 PM IST
Amid everyday stories about a slowdown, some manufacturing industries have defied the gloom on the back of changing consumer preferences and continuing government spending. The outlook, however, is contingent on a broader pick-up in the economy.The index of industrial production contracted 1.1 percent on a yearly basis in August. The index rose 2.4 percent from April to August and manufacturing—with the largest share in industrial ac...
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