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Capacity utilisation at a 10-year high - The Hindu BusinessLine

Capacity utilisation at a 10-year high - The Hindu BusinessLine
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Capacity Utilisation Survey , Order Books ,

New projects drop 13% sequentially in June quarter due to Covid: CMIE data

New projects drop 13% sequentially in June quarter due to Covid: CMIE data
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RBI Survey On Manufacturing Sector | Capacity Utilisation Recovers In September Quarter

RBI Survey On Manufacturing Sector | Capacity utilisation recovers in September quarter
The recovery indicates a positive development for the manufacturing sector and the economy as a whole with the government s emphasis on self-reliance.
February 06, 2021 / 09:26 PM IST
With the opening up of the economy and ease in restrictions, manufacturing firms received substantially higher new orders in Q2FY21.
The manufacturing sector’s aggregate level capacity utilisation (CU), a measure of productive efficiency, recovered to 63.3 percent in the September quarter (Q2FY21), after registering an unprecedented low of 47.3 percent in the June quarter (Q1FY21) in the wake of the COVID-19 pandemic, said the Reserve Bank of India’s (RBI s) survey on manufacturing sector. ....

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Companies shelve capex plans on pandemic blow, new projects decline 88%

New projects involving setting up of factories, buildings and other assets fell to their lowest levels since the Coronavirus (Covid-19) pandemic began. While there were Rs 7.01 trillion worth of new assets in December 2019, this fell 88.6 per cent to Rs 80,000 crore for the three months ending December 2020, shows data from project tracker Centre for Monitoring Indian Economy (CMIE).
Money spent on creating new assets like manufacturing plants is called capital expenditure and can be a key driver of economic growth. Companies typically invest in setting up additional manufacturing or production capacity when they anticipate that their existing capacity will not be able to keep up with demand. The spread of the Covid-19 pandemic hit demand sharply, shows official data. ....

Padmavati Udecha , Prateek Parekh , Kapil Gupta , Centre For Monitoring Indian Economy , Capacity Utilisation Survey , Monitoring Indian Economy , Reserve Bank , Order Books , Edelweiss Securities Economy , ப்ரதீக் பரேக் , கபில் குப்தா , மையம் க்கு கண்காணிப்பு இந்தியன் பொருளாதாரம் , கண்காணிப்பு இந்தியன் பொருளாதாரம் , இருப்பு வங்கி , ஆர்டர் புத்தகங்கள் , ஏதெல்வேஸ்ஸ் பத்திரங்கள் பொருளாதாரம் ,