Investor Presentaiton
Durables
160
140
120
100
80
60
40
20
0
Jun-17
Nov-17 Apr-18
Sep-18 Feb-19 Jul-19
Dec-19 May-20
Total Vehicle Production vs. IIP
IIP (YoY) (Ihs)
10%
0%
Indian economy
IIP Use Based (Consumer)
Non-Durables
Total Vehicle Production Quarterly( '000s) (rhs)
9,000
JSW
Economic activities picking up across the board, reflecting improved
business sentiment on the back of easing of lockdown restrictions
Large pockets of activity/industries are heading towards gradual
stabilization, albeit the localized lockdown driven by the resurgence
of COVID-19 cases remains a key risk
Rural economy holding up well, aided by limited pandemic impact (vs
urban areas), good monsoon, and stimulus measures focused on
increasing rural income and consumption
Lower crude oil price, favorable trade balance, normal monsoon and
accommodative stance of RBI are key positives for the economy.
India well placed to reap benefits from global supply chain
realignments currently underway
-10%
7,000
-20%
5,000
-30%
-40%
3,000
Workforce remobilization will be a key challenge for the core sectors
of the economy, whilst there are signs of returning labor force driven
by the aspirations of higher income
-50%
-60%
1,000
Jun-17 Dec-17 Jun-18 Dec-18 Jun-19 Dec-19
Jun-20
Gradual recovery expected in second half of FY21
Targeted access to credit, policies and global supply chain realignments to aid economic recovery
JSW Steel
Source: MOSPI, SIAM
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