Tuesday, December 13, 2005
CXOtoday.com > News > People > Indian Manufacturers Take The IT Route
CXOtoday.com > News > People > Indian Manufacturers Take The IT Route: "A recent Deloitte study highlights the outstanding role of the manufacturing sector as a growth booster for the Indian economy.
The sector has consistently improved its growth performance since 2003 and is enjoying profits and sales growth rates nearly twice that of other global manufacturers. The study indicates local manufacturers are enjoying an average sales growth of 15%, as compared to their global peers at 7%, delivering gross profits averaging 16%, as compared to an 8% global average. "
The sector has consistently improved its growth performance since 2003 and is enjoying profits and sales growth rates nearly twice that of other global manufacturers. The study indicates local manufacturers are enjoying an average sales growth of 15%, as compared to their global peers at 7%, delivering gross profits averaging 16%, as compared to an 8% global average. "
