NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
CareEdge Research Report
In line with our expectations, growth in India's industrial production accelerated to 4.8% in July from an upwardly revised growth of 4.7% last month.
While growth in the electricity and mining sectors moderated, manufacturing sector growth remained healthy. Consumption-related segments painted a mixed picture, as output of consumer durable goods increased by 8.2%, whereas growth in output of non-durable goods contracted by 4.4%.
A broadbased recovery in the private consumption remains crucial for the industrial activity to pick up in the upcoming months. On the brighter side, Q1 GDP data shows a recovery in private consumption expenditure compared to the last year.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
