Industry to see capacity addition in 2010: CMIE

Industry to see capacity addition in 2010: CMIE
PTI
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First Published: Sun, Mar 15 2009. 11 00 PM IST
Updated: Sun, Mar 15 2009. 11 00 PM IST
Mumbai: Indian industry is likely to see a lot of capacity addition in FY10, the Centre for Monitoring Indian Economy (CMIE) said in its monthly review. A compilation of investments schedules of companies shows that at least 900 projects entailing an investment of Rs5 trillion are scheduled for commissioning in FY10. This will be the single largest annual commissioning of investments in India, the report said.
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First Published: Sun, Mar 15 2009. 11 00 PM IST