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India’s factory output quickens due to boost in manufacturing

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New Delhi: An uptick in manufacturing pushed up India’s factory output to 4.1 percent in April, against 2.1 percent in the month before.

Further, among the six sectoral indices, capital goods expanded by 11.1 percent, as per official data released Friday.

The factory output had grown at a slower pace of 2.1 percent in March from 5 percent in February. The factory output had stood at 3.7 percent in April, 2014.

According to the Central Statistics Office (CSO) which released the data on the Index of Industrial Production (IIP), the healthy growth in the factory output for April was attributed to an uptick in the manufacturing sector.

The manufacturing sector, which has the maximum weightage in the IIP, grew by 5.1 percent in the month under review from 2.2 percent in March.

For the other two major sub-indices of the IIP, the CSO data showed that the index for the mining sector inched by 0.6 percent against 0.9 percent in March, while that for electricity segment was down 0.5 percent in April, against a growth of 2 percent in the month before.

The three sub-indices of the IIP namely manufacturing, mining and electricity, had registered a growth of 3 percent, 1.7 percent and 11.9 percent in April, 2014 respectively.

Friday’s data also showed that among the six use-based classifications of the index, the output of capital goods expanded by 11.1 percent. The capital goods segment is a key indicator of economic activity.

While consumer non-durables, intermediate goods, consumer goods and basic goods also came out with healthy performance. These sectors grew by 4.4 percent, 3.3 percent, 3.1 percent and 2.8 percent respectively.

The consumer durables segment expanded by just 1.3 percent in April.

Overall, 16 out of the 22 industry groups in the manufacturing sector have shown positive growth during the month under review.

Segment-wise, growth was witnessed in plastic moulding machinery (266.4 percent), aluminium conductor (92 percent), cashew karnels (52.4 percent), vitamins (48.3 percent), boilers (40.3 percent), air conditioner (34.4 percent), copper products (33.4 percent), tea (33.2 percent), carbon steel (32.5 percent), block board (26.3 percent), three-wheelers (24 percent) and sugar (22.9 percent).

Segment-wise, high negative growth was reported in cigarettes (- 52.8 percent), grinding wheels (- 46.5 percent), computers (- 46.4 percent), telephone instruments including mobile phones and accessories(-43 percent), cement machinery (- 38.9 percent), tractors (- 35.2 percent), aviation turbine fuel (- 29.3 percent) and aerated waters, soft drinks (- 23.5 percent). (IANS)

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Samsung Unveils Data Center SSD Line-up in India

The "883 DCT" is designed for servers used to safeguard critical data, including power loss protection and end-to-end data protection

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New Samsung Data Center SSD line-up now in India. Flickr

The new SSD portfolio promises to raise the efficiency when compared to legacy storage systems, thus requiring fewer servers and reduced power and cooling for a lower Total Cost of Ownership (TCO).

Samsung
The price of the new line-up ranges between Rs 9,599 and Rs 2,01,299 and will be available at retail outlets across India.

Samsung’s new SSD line-up has the “860 DCT” which is designed for servers that require SSD-levels of sustained performance and is suitable for various applications including content delivery networks.

The “883 DCT” is designed for servers used to safeguard critical data, including power loss protection and end-to-end data protection.

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The “983 DCT” is a high-performance solution for servers using a non-volatile memory express (NVMe) interface, which allows for fast speeds and high responsiveness while the “983 ZET” is a cache memory solution that offers a new level of performance with ultra-low latency and breakthrough speeds and high reliability. (IANS)