Industrial production in the region is rapidly growing.
In 2023, industrial production in Dagestan increased by 14% compared to the previous year. According to the regional Ministry of Industry and Trade, the growth in production volumes particularly influenced results in the processing industry (117.8%) and the supply of electricity and steam (105%).
In 2023, the volumes of shipped goods from industrial production in the region increased by 11%, reaching 80.9 billion rubles. The Ministry of Industry and Trade of Dagestan reported significant growth in the production of furniture, footwear, and glass products.
It is projected that in 2024, the growth of industrial production in the region will be 7.4%, and over three years, the average growth rate of industrial production could reach 8%.
Photo: dagpravda.ru