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INPUTS ON IIP NUMBERS DATED 10th-MAY 2013

By Noted Economist: Mr. Siddharth Shankar, Advisor, KASSA.


While the industrial output may look better in March but still to my mind the industry is sluggish and various sectors have shown de growth. The manufacturing sector, constituting over 75 per cent of the index, grew by 3.2 per cent in March as against a decline of 3.6 per cent in the same month of 2012 and thus the growth in March in manufacturing comes over a negative base and can hardly be looked as a revival in manufacturing. There is still an overall decline in economic activity and consumer demand. It is still some time to go before we actually see growth coming in the true sense. About KASSA: KASSA group was founded by a group of professionals specializing in areas of Indian & International Capital, Derivatives and Commodities Markets. KASSA started broking operations in 1995. KASSA's values of integrity and transparency are embedded deep into its corporate culture. This helps to provide excellent services, steady growth and complete satisfaction to all its clients and associates. KASSA has followed a consistent growth path and is established as one of the leading top broking houses of the country with the support and confidence of clients, investors, employees and associates. About Mr. Siddharth Shankar: Advisor to KASSA, Mr. Siddharth Shankar is a leading Economist & Financial Expert. He is associated with KASSA group since its incorporation under various capacities as a Director, shareholder and consultant. An expert in the field of Macro-Economics, Mr. Siddharth Shankar has established himself as a mastermind in tackling financial hurdles for his clients. He has been involved with the marketing systems of Google, Yahoo and other global search engine giants to achieve maximum effectiveness of their campaigns. His expertise also lies in Product Conceptualization and Web- based marketing of Products. For more information please contact : Upasha Goswami Genie PR Ph : +919654051165 Email : pr4@geniepr.com

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