Manufacturing Sector Appraisals Take a Hit: Report

A notable decrease in appraisals, reflects the manufacturing sector’s evolving dynamics and the mounting challenges it faces.

The manufacturing industry witnessed a substantial reduction in appraisals for the fiscal 2023–2024, highlights an executive search firm’s report.

According to the report, the average assessments in the manufacturing industry have decreased from 11.5% in 2023 to 10.1% in 2024. This decline underscores the economic pressures and shifting priorities within the industry.

Source: People Matter

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