As part of the regular activity, Confederation of Indian Industry (CII) brings out the ASCON survey which tracks the growth of different Industry sectors.
The CII ASCON survey is based on the feedback collected from industry associations, industry divisions and interaction with the representatives of the associations and various manufacturing related companies representing about 3500 companies. The companies covered in the survey represent a wide spectrum of sectors including Basic goods, Intermediate goods, Capital goods, Consumer Durables and Non Durables.
The latest CII ASCON survey has revealed that the performance of industry has moderated during the first half of the current financial year i.e. April-September 2011 compared to the corresponding period of the previous year. The number of sectors recording excellent growth has declined and shifted to high and moderate growth category. This is mainly due to increasing cost of credit and high prices of raw materials.