Dr A Didar Singh, Secretary General, FICCI
Commenting on the September 2016 IIP data, Dr A Didar Singh, Secretary General, FICCI said "growth and investments in manufacturing remain an area of concern. While a slew of measures have been taken by the government in the last few months however, there is a need to address deeper structural issues to ensure that growth revives and is sustainable"."The de- growth in key sectors like capital goods, mining, apparels, chemicals and electrical machinery is indeed a cause for concern said Dr Singh, FICCI.
The situation demands that the Government should now provide relief to the industry by lowering the interest cost burden and taking sector specific measures to boost growth, Dr Singh added.
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