COMMERCIAL VEHICLES: TOO EARLY TO REJOICE

Article Abstract:

Commercial vehicle (CV) producers in India have increased output anticipating revival of the economy. Several CV manufacturers like Ashok Leyland have increased production following drop in inventory levels and increase in freight charges. However experts feel that the change in the demand-supply situation is a temporary. They state that the fall in inventory levels is due to a 50 percent cut in production over the last few months and the increase in freight rates is a temporary surge. Exports and movement of capital goods and agricultural produce continue to be affected. The demand for second hand vehicles has increased. These factors clearly indicate that the commercial vehicles industry is yet to recover from recession. The industry's future depends on competition, cost reduction, vendor development, investment in road sector and competition from railways. (rk)(vr)

Comment:

Commercial vehicle (CV) producers in India have increased output anticipating revival of the economy.

Production management, Motor Vehicles & Parts, Transportation Equipment Manufacturing

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INDIAN PEPPER REPORT

Article Abstract:

According to the Directorate of Arecanut and Spices Development (DASD) India's pepper production is expected to increase by 81 percent to 100,000 tonnes during the year ended December 1999 (55,000 tonnes for the year ended December 1998). The Spices Board had estimated pepper production for 1999 at 70,000 tonnes while trade estimates are between 70,000 tonnes and 80,000 tonnes. Kerala is expected to account for a major chunk of the production at 77,000 tonnes while Karnataka is likely to produce 22,000 tonnes and Tamil Nadu 1,000 with some contribution from northeastern India. (tsm)

Production data, Spice and Extract Manufacturing, Pepper, Piper nigrum

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