India's Manufacturing Sector

Kiran Mazumdar-Shaw urges India to achieve 'biotech sovereignty' by 2047, driven by a $330 bn bioeconomy, BioE3 framework, scale exports, a sovereign AI stack, and crucial R&D investment

US tariff cut on Chinese goods renders India's higher production costs unsustainable, threatening the recent surge in iPhone exports

From low workers' wages to suspect GDP to scary rankings for pilot training schools to self-serving protectionism, today's pieces paint a sobering picture of what ails India economy and policy

What matters, however, is the manufacturing environment India is building

India's manufacturing PMI fell to 57.7 in September from 59.3 in August, as US tariffs slowed orders and output, though GST rate cuts lifted business confidence and export demand

India manufacturing PMI hits 17 year high in August to 59.3 from 59.1 in July driven by a rapid expansion in production, shows HSBC survey as compiled by S&P Global

The top ten industries accounted for 71 per cent of the manufacturing GVA in FY24, with a handful - basic metals, motor vehicles, chemicals, food products and pharmaceuticals - dominating

Services like construction, transport, and distribution play a significant role in supporting job creation in the manufacturing sector, the paper, based on empirical estimates, concluded

Over 300 Chinese technicians exit Apple supply chain; experts believe that the move may slow down skilling and affect efficiency but not production quality in Indian manufacturing sites

Two of today's pieces weigh in on President Trump's proposed ban on birthright citizenship and its wider consequences.

Despite its large economic size, India has struggled to integrate into manufacturing global value chains (GVCs), unlike many of its Asian peers

Global disruptions have created opportunities for emerging nations like India, and US tariffs on China could drive manufacturing shift to India due to lower duties, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Saturday. While there are worries about the first, second, and third round effects of the tariffs in terms of external demand to start with and the overall uncertainty and therefore implications for capital formation etc, there are some favourable outcomes also, he said at an event organised by Ashoka University here. One of the positive impacts of the uncertain global environment is a reduction in crude oil prices which are now available around USD 60 per barrel. It is a windfall from India as it lowers input cost and also provides fiscal space, he said. "China plus one, which was a different dimension earlier, now acquires a much higher sense of urgency for many other companies located inside China. So in some sense, you can call it a second wind (in favour of .

The electronics and IT sector manufacturers are not "overly" concerned about the recent hikes in import duty by India's largest trading partner the US, a top government official said on Monday. However, the impact will depend on how the tariff situation plays out ahead, Electronics and IT Secretary S Krishnan said. "We've been in regular consultation with manufacturers in India. That is something that we are speaking to them on an ongoing basis. They are not overly concerned right now, but it also depends on how this whole situation plays out. It's a dynamic situation," Krishnan told reporters at a Cert-In event. The US on April 3 imposed an additional 26 per cent tariff on Indian goods, effective April 9. The sector players are of the view that the Indian industries are better placed as compared to their competitors in the electronics segment. While the US has imposed an additional 26 per cent import duty on India, its competitor Vietnam is facing a 46 per cent tariff, China 34 p

Fully operational plant will employ around 700 people and boost local production, says German firm

Prime Minister Narendra Modi on Tuesday asked the industry not to be a "mere spectator" and take advantage of the opportunities available in the global supply chain. Stating that the world is looking to strengthen its economic partnership with India, Modi said India's manufacturing sector should take advantage of the growing needs of the world by producing high quality products. "Today India provides stable policies and a better business environment. I urge you to take big steps to advance the country's manufacturing and exports," he said at a Post-Budget webinar on Regulatory, Investment and Ease of Doing Business Reforms. Modi said industry should look for manufacturing innovative products using R&D which has demand overseas, and this will push exports. "Today the world needs a trusted partner... Industry should not be a mere spectator, should seek opportunity in the global supply chain: Modi said, adding today India has become a growth engine for the global economy... The ...

Feb manufacturing PMI: The decline was driven by weaker growth in output and sales, along with a slowdown in input purchasing to a 14-month low

This surge is also being driven by India's cost advantages compared to Western countries, 90 per cent faster project startup times, and global supply chain realignments

To facilitate credit accessibility, Union Finance Minister Nirmala Sitharaman introduced a customised credit card scheme for micro enterprises registered on the Udyam portal

The CEA also addressed the challenges faced by micro, small, and medium enterprises (MSMEs), particularly in light of changes introduced through Section 43B of the Finance Act

The Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday said it has entered into a strategic partnership with ITC Ltd to help startups in the manufacturing sector. "Under this partnership, ITC is looking to deploy startup solutions in key areas such as digital platforms for Manufacturing Execution Systems (MES), integrating renewable energy opportunities for manufacturing locations, and energy storage systems," the department said. It added that a Memorandum of Understanding (MoU) has been signed which will set the tone for a partnership where ITC's experience and expertise with extensive market network will complement DPIIT's initiative for supporting startups across the country. DPIIT Joint Secretary Sanjiv said, "We look forward to fostering scalable solutions and transformative growth to ensure a conducive environment for startups." Startup India Director Sumeet Kumar Jarangal said this would help provide hassle-free market access to startups in terms o