Industrial Growth

West Bengal Industries Minister Tapas Roy on Friday said the state's proposed industrial incentive scheme will be linked to employment generation rather than investment, with a new industrial policy expected to be unveiled later this month. Addressing the business conclave 'Uttaran 2026: Bangla, Building the Next Growth', Roy said industries would be eligible for incentives based on the number of jobs they create. "We are thinking of linking incentives to employment generation rather than investment," he said. The minister said the new industrial policy is expected to be announced on August 15. The state government has earmarked Rs 5,000 crore in the 2026-27 budget to revive industrial incentives after the earlier incentive scheme was discontinued by the TMC government. The new industrial policy is expected to lay down the framework for the incentive programme and include measures to improve ease of doing business through a strengthened single-window clearance system, GIS-enabled

Manufacturing output growth witnessed a sharp uptick during the month, accounting for most of the improvement over May

India's annual capex in mining and construction equipment-linked sectors is projected to nearly double to ₹10 trillion by 2030, driven by infrastructure and industrial investments

UP plans nine mega industrial zones with plug-and-play facilities, skill hubs and employment centres to attract large private investments and boost manufacturing

UP is positioning Poorvanchal as a major investment hub through industrial clusters, stronger connectivity, GCC incentives and sector-focused policies, says Deepak Kumar

Varanasi strengthens its reputation as Purvanchal's economic engine by supporting businesses and cutting red tape

RIICO allotted five times more industrial plots in Q1FY27, boosting investment, infrastructure development and employment opportunities across Rajasthan

With a 2022-23 base year, the revamped IIP captures emerging industries, renewable energy and changing production patterns more accurately

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India's new IIP series broadens sector coverage, updates the product basket and methodology, and aligns industrial data with the economy's evolving structure

Strained Centre-state relations had long made investors wary, a sentiment reinforced by Trinamool leader Mamata Banerjee's rise on the back of a land agitation in Singur and Nandigram

India's industrial output closed the 2011-12 series with modest growth of 4.1% in FY26, as the NSO gears up to release a revamped IIP series with a 2022-23 base year

China accounts for around 16 per cent of India's total imports, but its dominance is significantly higher in industrial goods, supplying as much as 30.8 per cent of the country's requirements, think tank GTRI said on Tuesday. The country's imports increased to USD 774.98 billion in 2025-26. Out of this, USD 131.63 billion was from China. Dependence on a single supplier for critical inputs leaves sectors like pharmaceuticals, electronics and clean energy exposed to disruptions, whether geopolitical or commercial, it said. The GTRI analysis said that about 66 per cent of India's imports from China, valued at USD 82.6 billion, are clustered in electronics, machinery, computers, and organic chemicals. China accounts for 43 per cent of India's electronics imports, 40 per cent of machinery and computer imports, and 44 per cent of organic chemicals. "These are not discretionary purchases but core inputs that feed directly into India's manufacturing ecosystem," Global Trade Research ...

Industrial projects lift Panapakkam's profile, but locals demand jobs, storage facilities and water security as key election issues

Uttar Pradesh's factory count crosses 32,000, reflecting a sharp rise in manufacturing activity driven by policy push, infrastructure growth and investor-friendly reforms

A vast chunk of land in BIDA has also been acquired in the Jhansi district, the most prominent hub of Bundelkhand

As a result of the attacks on Iran and Tehran's retaliatory strikes, transit through the Strait of Hormuz between Iran and Oman, ‌which carries around one-fifth of oil consumed globally

Uttar Pradesh's ₹9.12 trillion FY27 Budget ramps up infrastructure and capex, keeps the fiscal deficit below 3%, and pitches the state as India's next growth engine

Maharashtra signs ₹48,000-crore investment MoUs for Vidarbha, with Mahindra's ₹15,000-crore Nagpur plant anchoring the push to build an auto and steel hub

Supreme Court says trade union leaders have stalled industrial growth, cautions that fixing minimum wages for domestic workers could worsen unemployment and hardship