Hiring outlook to improve in manufacturing sector: Survey

Source: The Hitavada      Date: 11 Feb 2019 09:54:01


HIRING and production outlook is expected to be better, while exports will be affected due to global demand factors in manufacturing sector in October-December this fiscal, said a Ficci survey. Ficci’s latest Quarterly Survey on Manufacturing presents a better outlook for hiring and production, the industry body said in a statement.

The survey portrays a better outlook for the manufacturing sector in Q3 (October-December 2018-19) as the percentage respondents reporting higher output growth during the third quarter was 54 per cent as compared to 47 per cent in the same period previous financial year.