India’s industrial output growth slowed in September, with the manufacturing sector, consumer durables, and non-durables remaining sluggish. The index of industrial production (IIP) rose 5.8% in September, slower than the previous month’s 10.3%. The article discusses the specific growth rates of different sectors and the factors contributing to the slowdown in demand.
The demand for warehousing has shown resilience marked with growth in lease rentals for logistic spaces across top eight markets during the half year ended September. Total 23 million sq ft space transacted in the first half ending September across the top eight markets represents a 10% on-year drop in volume.
President of Kazakhstan, Kassym-Jomart Tokayev, has outlined ambitious plans to establish Kazakhstan as a major transit hub in Eurasia. The plans include focusing on key routes like the Trans-Caspian and the International North-South Corridor, as well as improving the country’s manufacturing sector and implementing a new economic model that benefits its citizens.
