Mfg may create 3.2 million jobs during 2012-17: study
Updated: Mar 18, 2014 11:50:08am
New Delhi, Mar 18 (KNN) Despite deceleration in performance, the manufacturing sector may create 3.2 million jobs during the 12th Plan period (2012-17), according to a study.
“Gradual revival of India's manufacturing sector with improved economic performance may help generate about 3.2 million additional jobs during the 12th Plan period,” said an analysis carried out by ASSOCHAM based on the Annual Survey of Industries (ASI).
The study also found that the sector clocked 28.5 per cent growth in employment generation during the 11th Plan (2007-12).
“An additional 2.9 million jobs were generated in the registered manufacturing sector during 2007-08 to 2011-12 i.e. from over 10.45 million jobs in 2007-08 to 13.43 million as of 2011-12,” highlighted an analysis of ‘Registered Manufacturing Sector Performance,’ conducted by ASSOCHAM.
“Food products, textiles, basic metals, other non-metallic mineral products, wearing apparel, motor vehicles, trailers and semi-trailers, machinery and equipment, chemicals and chemical products, fabricated metal products except machinery equipment, rubber and plastic products are amid top sectors generating employment with thereby accounting for over 70 per cent of the total jobs,” said the analysis carried out by the ASSOCHAM Economic Research Bureau (AERB).
Among the states, Tamil Nadu topped with highest share of 14.5 per cent in total jobs generated by registered manufacturing sector across India, followed by Maharashtra (14 per cent) and Gujarat (10 per cent).
Uttarakhand recorded the highest growth rate in terms of employment generation in registered manufacturing sector during the 11th Plan.
Bihar (71.8 per cent), Himachal Pradesh (70 per cent), Odisha (54 per cent) and Maharashtra (38.8 per cent) are other states that recorded high growth rate in this regard.
Meanwhile, Chhattisgarh (19 per cent), Uttar Pradesh (15 per cent), Haryana (14 per cent), Kerala (10.5 per cent) and Punjab (nine per cent) recorded the slowest growth rate in employment generation.
Basic metals, other non-metallic mineral products, wearing apparel, motor vehicles, trailers and semi-trailers, machinery and equipment, fabricated metal products, except machinery and equipment, rubber and plastics products have registered more than twenty per cent growth rate in employment generation; while food products’ sector has also registered a growth rate of over eight per cent during the 11th Plan.
Chemicals and chemical products’ sector has recorded a massive fall of 24.5 per cent in employment generation during 2007-08 and 2011-12, while the textile sector has witnessed a marginal decline (0.1 per cent). (KNN/SD)
“Gradual revival of India's manufacturing sector with improved economic performance may help generate about 3.2 million additional jobs during the 12th Plan period,” said an analysis carried out by ASSOCHAM based on the Annual Survey of Industries (ASI).
The study also found that the sector clocked 28.5 per cent growth in employment generation during the 11th Plan (2007-12).
“An additional 2.9 million jobs were generated in the registered manufacturing sector during 2007-08 to 2011-12 i.e. from over 10.45 million jobs in 2007-08 to 13.43 million as of 2011-12,” highlighted an analysis of ‘Registered Manufacturing Sector Performance,’ conducted by ASSOCHAM.
“Food products, textiles, basic metals, other non-metallic mineral products, wearing apparel, motor vehicles, trailers and semi-trailers, machinery and equipment, chemicals and chemical products, fabricated metal products except machinery equipment, rubber and plastic products are amid top sectors generating employment with thereby accounting for over 70 per cent of the total jobs,” said the analysis carried out by the ASSOCHAM Economic Research Bureau (AERB).
Among the states, Tamil Nadu topped with highest share of 14.5 per cent in total jobs generated by registered manufacturing sector across India, followed by Maharashtra (14 per cent) and Gujarat (10 per cent).
Uttarakhand recorded the highest growth rate in terms of employment generation in registered manufacturing sector during the 11th Plan.
Bihar (71.8 per cent), Himachal Pradesh (70 per cent), Odisha (54 per cent) and Maharashtra (38.8 per cent) are other states that recorded high growth rate in this regard.
Meanwhile, Chhattisgarh (19 per cent), Uttar Pradesh (15 per cent), Haryana (14 per cent), Kerala (10.5 per cent) and Punjab (nine per cent) recorded the slowest growth rate in employment generation.
Basic metals, other non-metallic mineral products, wearing apparel, motor vehicles, trailers and semi-trailers, machinery and equipment, fabricated metal products, except machinery and equipment, rubber and plastics products have registered more than twenty per cent growth rate in employment generation; while food products’ sector has also registered a growth rate of over eight per cent during the 11th Plan.
Chemicals and chemical products’ sector has recorded a massive fall of 24.5 per cent in employment generation during 2007-08 and 2011-12, while the textile sector has witnessed a marginal decline (0.1 per cent). (KNN/SD)
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