Current Affairs - State - Discussion

Maharashtra secured the 1st position in manufacturing emergence in India, according to a study conducted by the non-governmental industry body ASSOCHAM. Gujarat has obtained the second position, with good performance on change in capacity utilisation, operational ratio, value addition and input cost. ASSOCHAM considered the following factors to prepare the ranking: number of factories, output value, working capital, net fixed capital formation, fixed capital, finished goods, capital invested and total inputs.