NIFTY  8,907.85  0.32%
  SENSEX  28,761.60  0.35%
 CURRENCY  Rs  66.93/$ 70.86/€, 83.36/£
  GOLD  29,104.00  -0.68%
  SILVER  42,438.00  -1.08%
  DAX  11,827.60  0.60%
  FTSE  7,299.86  -0.00%
  CAC  4,864.99  -0.04%
  HANG SENG  23,963.60  -0.76%
  NIKKEI  19,381.40  0.68%
  Shanghai Composite  3,253.33  0.23%
  DOW JONES  20,624.10  0.02%
  NASDAQ  5,838.58  0.41%
  S&P 500  2,351.16  0.17%
GOVT OFFICIAL - Govt To Sell 5% Stake In Bharat Electronics On Feb 22 GOVT OFFICIAL - Govt Aims To Raise About Rs 1,600 Cr From BEL Divestment

See 1-2% Industry Growth This Year: Madan Sabnavis

Video:

Play this video

October 14: CARE Ratings’ Madan Sabnavis says we usually focus on supply issues when it comes to the stagnating industry, but the primary reason is lower demand from both consumption investment and government expenditure side. The recent higher positive number is a one-off, based purely on electrical machinery, he says, adding that a revival in demand is critical to get industry going again.