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Kerala's industrial output below pre-lockdown level
The Morning Standard
|November 09, 2024
KERALA's industrial output is still below the pre-lockdown level due to a struggling manufacturing sector, a report released by the Department of Economics and Statistics has revealed.
The manufacturing sector recorded a negative growth of 17.84% in 2022-23 compared to 2019-20, showed the "Report on Index of Industrial Production (IIP) 2015-16 to 2022-23" released recently.
According to experts, inadequate credit disbursement to micro, small and medium enterprises (MSMEs) and employee turnover could be reasons for the sector's decline.
Esta historia es de la edición November 09, 2024 de The Morning Standard.
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