| Topic : Economic outlook for manufacturing sector in 2010 |
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Manufacturing & Engineering Professionals
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Activity:
79 views;
last activity : 07 06 2010 20:18:09 +0000
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Emergence of an inflationary spiral
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Power Sector
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India rising !
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Credit and its availability
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I think manufacturing sector will go towards emergence of an inflationary spiral that affects commodities like steel and oil. This aspect of governmental engagement is not expected to be as salutary will led to regulations that will restrict lending and make the credit challenges worse. There are provisions in the various health care proposals that could prove to be very expensive and which would impact hiring decisions. The biggest problem for many businesses is the uncertainty around the government actions. |
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I am not an expert as you all are in this vertical. But from what I have understood, you sound very logical to me Isha. All the other ideas are a resultant of the verticaals demand and supply situation. Thanks for the referral though :)
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Demand in Power Sector is very high. Companies making equipment for Power sector will see growth all around. However getting credit is an issue which most organisations will face plus their is lot of challenges from chinese suppliers which one have to face. Organisations with strong fundamentals will see growth all around in this sector. |
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I think most of the big steel , aluminium and power projects , which had stalled due to the recession , will take off again. Pharmaceuticals and automobiles will remain upbeat , their recovery having already started. Mr. Kamal , I think you need to revisit your numbers ; according to the figures , India's GDP in Jan-Mar 2009 was 5.8 % , Apr-Jun 2009 was 6.1 % and July-Sep 2009 was 7.9 %. This does not tally with the negative numbers you are talking of. With the construction industry taking off once more , all the associated industries such as cement may see an increase in demand. |
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I think, the manufacturing sector will go towards the credits and their availability. It seems, the GDP growth will be in the range of 2% to 3% which is far superior to the negative numbers registered in last year. Inflation will be down, unemployment should start to stabilise and the ingredients for a slow and methodical recovery will be in place. |
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