Though Chinese slowdown did affect stock markets and currency but had no perceivable impact on manufacturing industries .
1.Metal industries will be adversely affected.But cheaper metal material will be boon for infrastructure industry ,good for smartcity projects.
2.Automobile and ancilliaries engaged in export eg Tata Motors will feel the bite.
3.Mobile and related industries to be adversely affected due to cheaper chinese goods flooding markets.
4.Chinese slowdown has provided India an Opportunity to be an additional sholder to rest for global economy.India could durably occupy top growth spot among large emerging markets.
5.Falling crude price will give total savings on oil subsidy alone more than 18750 crore.
6.Cheap global crude means that the imported component of inflation will also be lower.
7.More lower input costs translating into higher profit margins for many indian corporates.
8.Make in India would attract many big players from China to establish manufacturing units in India.
Life is a complex admixture of glamour as well as misery. Emotional benevolence , intriguing family and social relationships have an effect on life.An endeavour has been made to see life's diversities from different angles and perspective.
Friday, 26 January 2018
India's Manufacturing Sector
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