January 22, 2010 2:59 PM

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Gross value of output factory sector increased by 15.6%

Center says that gross value of output of the factory sector increased by 15.6 percent in the fiscal year 2007-2008 over the previous year. This was mentioned in the annual survey of industries for 2007-2008 released by Statics and Programme implementation secretary Pranav Sen in the capital. According to the survey investment had grown by 19.5 percent in this period. However, the capital output declined to 1.76 from 1.81 percent of the year 2006-2007. Survey says that Maharashtra stood first in the capital investment followed by Gujrat and TamilNadu. TamilNadu had the maximum number of working factories in the country in this period. Basic metal industry was on top in terms of net value addition from the factory sector.

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