March IIP likely to be near 1%: DK Pant, India Ratings
  • WebDesk BTVI
  • May 09 2019

DK Pant, Chief Economist, India Ratings says he expects IIP to be better than last month, but near 1% level due to the weakness in manufacturing as well as consumption. On capital goods segment facing a -8.5% growth last month, he says this was the worst in last few years, but added that the numbers do not reflect the projects that are underway, thus showing a loss.