whole operates on more than 70 per cent of energy it

 

Commerce Association says t usatimes.cc hat more than half of the surviving firms are “ailing”.

At least 800 companies cl ss="MsoNormal" style="background: white; line-height: normal; margin-bottom: 15.0pt; vertical-align: baseline;">Mr. Ajay said the current situathe “surviving” industries poses a great threat to the survival of the manufing industry. He added that capacity utilisation in industries hove news rs around 30 per cent and 45 per cent on the average, with 100 per cent overhead costs.

He blamed the continued he manufacturing sectors on “political and economic factors’’, citing poor infrastructure and epileptic power supply as key impediments to the industry.

“The manufacturing industry as a who usanews.cc le operates on more than 70 per cent of energy it generates, using generators; and operating these generators greatly increases the cost of manufacturi’ he said.

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