Industrial production in Dagestan grew by 7.6%: progress in the food industry, decline in furniture

The volume of industrial production in the Republic of Dagestan increased by 7.6%. At the same time, the dynamics in different sectors has developed heterogeneously: some areas showed steady growth, others - a decline, writes the telegram channel "Economics of Dagestan".

The main impetus to the development was given by the food industry, where output increased by 9%. A significant increase was recorded in the production of leather products (10.5%), paper and paper products (14.3%), as well as rubber and plastic products (28.3%).

At the same time, there was a decline in a number of segments. Mining decreased by 5.1%, textile production by 13%, wood processing by 7.4%, and furniture production fell by 11.2%.

As previously reported in the Ministry of Industry and Trade of Dagestan, to correct the situation in the furniture industry, the issue of creating a specialized cluster was worked out. Thanks to its appearance, participants will be able to count on preferential financing and loans, as well as tax relief through the placement of local production facilities on the basis of industrial parks.