Ficci's Survey Shows Rise In Production Activities During September Quarter Of 2021-22

According to Ficci's quarterly survey, percentage of respondents who reported higher production during the July-September quarter was 61 per cent

Production activities showed improvement during the second quarter of the current financial year (2021-22) compared to the first quarter, which was subdued due to raging second wave of the Coronavirus pandemic. According to industry body Ficci's quarterly manufacturing survey, the percentage of respondents who reported higher production during the ongoing July-September quarter was 61 per cent, much above the 50 per cent mark. The assessment also reflected in order books as 72 per cent of respondents in July-September quarter of the current fiscal expected higher number of orders compared to the first quarter of the current fiscal, i.e. April-June period of 2021-22. The second quarter response was also much higher than the 24 per cent response which was witnessed during the same period of the corresponding year.