Our interaction with different manufacturers of motors/industrial drives/pumps suggests that there is demand revival. Few sectors where demand has seen some positive traction are steel/cement/Oil&Gas/Railway/water etc.
The country has to grow at a much higher rate than the current growth rate of 7.5 per cent and it will not be possible without manufacturing which has to become a key driver of growth, NITI Aayog CEO Amitabh Kant said to IANS on Wednesday.
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