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A |     India and emerging market economies (EMEs) will gain “substantially,” reckoned experts, as Japan-based Nomura Holdings predicts “multiple recessions” for the world’s major economies over the next 12 months.,Nomura Holdings on Monday noted that the US, Eurozone, the UK, Japan, South Korea, Australia, and Canada will fall into recession amid tightening government policies and rising living costs.,“A recession in developed countries can result in heightened interest of Foreign Portfolio Investors towards emerging markets, including India, which is the fastest-growing major economy in the world”, Pranav Haldea, managing director of Prime Database, told Sputnik.,Haldea blames the US Fed rate hike aimed at controlling the rising living costs for the current capital outflow from emerging markets, saying interest rates in the US have a huge bearing on FPI flows.,Foreign investors dumped Indian shares worth $6.4 billion in June — the highest net outflow in over two years. Foreign investors withdrew $27.9 billion from Indian equities in the first six months of 2022.,“Once the current rate hike cycle shows signs of abating, FPIs shall again look at emerging markets with renewed interest”, Haldea reckoned.,Economists observe Fed missteps such as the delayed response to inflation, which the latter labeled “transitory” until March this year, hamper economic activity in the US. The US recorded 8.6 percent inflation in May, the highest in four decades.,Massive inflationary pressure is also hindering growth in European economies such as Germany, Spain, and France, which registered 7.6, 10, and 5.2 percent price rises in May, respectively. Inflation in the UK is running at 9.1 percent.,US Unlikely to Avoid Severe Recession if Fed Hikes Interest Rates Too Quickly to Cool Inflation2 July, 02:42 GMT,Economists warn of spreading high inflation beyond commodities to services items, rentals, and wages.,Nomura analysts Rob Subbaraman and Toh Si Ying wrote in a research note that there are increasing signs that the world economy is entering a “synchronized growth slowdown, meaning countries can no longer rely on a rebound in exports for growth”.,Professor Manoj Pant, a prominent economist and vice chancellor at the Indian Institute of Foreign Trade, said that emerging markets would also be affected by a decline in trade; still, some factors may lessen the impact.,“The factors which are operating in our favor are that the bulk of the buying consumers are located in India, and the current geopolitical situation means a lot of countries are looking at India not as a complete replacement, but as a possible third area apart from China and Vietnam”, Pant told Sputnik.,Nomura forecasts a prolonged recession in the United States and a much deeper slump in Europe if Russia entirely cuts off gas to the region.,Despite the global headwinds, the Indian economy is predicted to grow at 7.2 percent in the current fiscal, much higher than any other major global economy.,Experts advise Indian policymakers to capitalize on the structural changes that began in 2016-17 onwards but that were interrupted by the COVID-19 pandemic.,“The world is moving much more towards services than manufacturing. China’s boom was based on manufacturing, the services boom will have to be in India. So the question is how well we are able to take account of that. So depending on us, we can actually gain substantially, if we are ready”, Pant added.,However, Pant labeled the new forecast as a continuation of the 2019 recessions, as there has been no boom registered anywhere in the world since then.,China infuses immense hopes to all the developing economies, as economists bet on demand from the world's second-largest economy to mitigate negative impacts, even though they face slowing export demand from the US and Europe.。    　　太原8月25日电 (魏宇昕 李庭耀)“去年，我们的装备制造业增加值增速达到44.4%，今年上半年又增长了29.3%，规上装备制造企业已达114家。

B | ”山西省临汾市委常委、常务副市长胡晓刚24日表示，“十五五”开局，临汾将聚焦“集群化、智能化、融合化”，全力打造五百亿级装备制造新高地。　　胡晓刚表示，装备制造业是临汾转型发展的硬支撑。上述数据背后，是临汾制造正在发生深刻变革。　　立足自身比较优势，临汾将做强以煤机装备、煤层气装备、新能源装备为代表的特色能源装备底座，壮大汽车零部件、白色家电、工程机械、节能环保装备等优势产业集群，前瞻布局具身智能机器人、增材制造等新兴未来产业赛道。

C | 　　胡晓刚介绍，近两年，华翔智能科技产业园、侯马国强交通护栏及光伏支架、襄汾运达风电整机制造、蒲县博大精密铸造等10个装备制造项目已建成投产，新增产值超30亿元。　　为让发展动能更有“力道”，临汾狠抓项目建设和智能化改造，目前正在推动华翔(翼城)15万吨工业装备零部件制造、国电特变超高压变压器数字化工厂等30个重点项目，力争“十五五”末全市高端装备制造产业产值突破500亿元。　　深化数智赋能，临汾正推进新一代信息技术与装备制造业深度融合，目前已建成11个基础级智能工厂、5个先进级智能工厂，后续将深入开展智能工厂梯度培育，“十五五”期间力争培育先进级以上智能工厂20户、实现卓越级智能工厂破“零”。

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Published on:08:09:49