Department of Heavy Industry and Ministry of Skill Development & Entrepreneurship have signed a MoU for capital goods
and automotive sector for large scale capacity building by providing infrastructure and facilities, improving training content, curriculum and methodology and use of latest technologies, during DHI-FICCI-HMFI WIN (World of Industry) India conference.
The sole jarring note in the report was the decline in orders for non-military capital goods
Good buying was observed in banking, capital goods
, auto and oil and gas sectors, while selling pressure was seen in IT and healthcare sectors.
He also said that the first- ever policy for the capital goods
sector will be finalised within one or two months and sent to the Cabinet for approval.
Economists had expected orders for those so-called capital goods
to increase 0.
6 %, while durable consumer goods and capital goods
remained almost stable.
manufactured goods unexpectedly fell in December as did a gauge of planned business spending on capital goods
, which could cast a shadow on an otherwise bright economic outlook.
His theory combines a Wicksellian theoretical base with the process of increasing and decreasing the production of capital goods
relative to consumer goods.
Budi Darmadi, the director general for high technology industry said the country's need for capital goods
will continue to increase from year to year to follow the trend in economic growth and the public income.
However, this contention seems to ignore the reality that entrepreneurial strategies account for the fact that certain "things" become capital goods
in the first place.
The most significant decrease was recorded in the import of capital goods
with moved from US$1.
US COMPANIES invested last month in computers, communications equipment and machinery, boosting capital goods
orders for the third time in four months.