Try GOLD - Free
Manufacturing investment gestation rate rises to 5-year peak
Business Standard
|May 16, 2025
Taking stock
A key metric that measures the efficiency with which manufacturing projects are completed is at its best in half a decade. The rate of gestation is a measure of time efficiency in completing manufacturing projects relative to its cost, as defined by the Centre for Monitoring Indian Economy (CMIE).
It is the time taken (in months) for completion from announcement, divided by the cost of the project in billion rupees (₹1 billion is ₹100 crore). (If a project is worth ₹350 crore and the number of months taken is 22, then it is 22 divided by 3.5.)
Lower numbers indicate greater efficiency in putting money to work. The rate of gestation for 2024-25 (FY25) was 9.17 months per ₹100 crore in project expenditure. It was worse (10.33) in 2018-19. The present number is also better than the 12.58 months seen in the previous two years (chart 1).
This story is from the May 16, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Snabbit steps up senior hiring as it expands home-services business
Snabbit, India's fast-growing quick home services platform, is scaling up senior hiring efforts as it builds leadership depth to support its next phase of expansion, emerging as a talent destination for operators in the sector.
1 min
January 16, 2026
Business Standard
Alcohol regulation and the revenue trap
An optimal state policy must go beyond a revenue-hungry, punitive regulatory regime
4 mins
January 16, 2026
Business Standard
BMC elections: Exit polls indicate Mahayuti sweep
Around 50% polling logged for the country’s wealthiest civic body
1 mins
January 16, 2026
Business Standard
X blocks Grok from creating explicit images after complaints
Curb applies to all users to add extra layer of protection for women, kids
1 mins
January 16, 2026
Business Standard
PFRDA panel on assured NPS payouts: Experts explain what may change
‘The pension regulator has taken a key step towards making retirement income under the National Pension System (NPS) more predictable.
1 min
January 16, 2026
Business Standard
Alcobev industry growth may have cooled in Q3
India’s liquor industry is expected to enter a phase of moderation in the third quarter of the financial year 2026 (Q3FY26), after four consecutive quarters of double-digit growth.
2 mins
January 16, 2026
Business Standard
India’s invisible AI boom
By most official measures, India’s productivity story looks calm. Output per worker rises slowly; wages inch up; efficiency appears steady. If these numbers were all one looked at, it would be reasonable to assume that the way work gets done in India has not changed very much.
3 mins
January 16, 2026
Business Standard
Soon, MGNREGA workers to be integrated into VB-G RAM G
The central government will soon frame rules for seamless transition of existing MGNREGA workers into the newly enacted VB-GRAM G (Viksit Bharat Guarantee for Rozgar and Ajeevika Mission Gramin) scheme.
2 mins
January 16, 2026
Business Standard
Set up a family code word for emergency money requests
AI-BASED FINANCIAL SCAMS
2 mins
January 16, 2026
Business Standard
Oil, silver lead commodity losses
Oil fell for the first time in six days after US President Donald Trump signalled he may hold off on attacking Iran for now.
1 min
January 16, 2026
Listen
Translate
Change font size