The fast moving consumer goods (FMCG) sector is said to have immensely benefited from the rural growth, as the purchasing power of the neglected population increased on the back of higher support prices of wheat and sugarcane. The demand for basic consumer items like soaps,canada goose jacket women toothpaste, washing powders, etc. is said to have risen dramatically.The rural prosperity was also shared by businesses dealing with farm inputs like fertiliser, seeds etc., as a result of price hikes. Mechanisation of farming got a boost from increased subsidised tractor sales.The freeze in the support price of wheat, besides other factors, experts believe, contributed to the underperformance of agriculture in the first quarter of the current fiscal.Meanwhile, the State Bank's first quarterly report for FY14 says,Wholesale Lingerie Sexy Lingerie "industry and services were the major drivers of growth as agriculture underperformed".Lululemon Women's Pants
The dissection of growth data can help one guess the sustainability of the trend going forward. Large-scale manufacturing rebounded, recording an increase of 6.3pc during July-September 2013.However, instead of the most talked about and visible sectors like textiles, automobiles and pharmaceutical, it was fertiliser, paint and paper industries that were able to better utilise their installed capacity.Nike Air MaxAs gas supplies to manufacturing plants improved, especially to Engro, the fertiliser industry posted a remarkable growth of about 42pc. The paint industry grew by 34pc, and steel billets by 32pc.The paper industry grew by about 19pc on the back of captive power plants as the domestic market expanded exponentially owing to consumer choice shift towards packaged products.Isuzu Auto Parts
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