At the bourses, meanwhile, Nifty India Manufacturing index, which has outperformed the market by surging 26 per cent in the past nine months
A trade truce between the United States and China has calmed nerves, but it won't stop the broader movement of companies to countries like Vietnam
Reform must also focus on how standards are adhered to. India still lacks an adequate accredited testing and certification infrastructure
The Kolkata-based group to set up a 2.8 MTPA steel plant and 400 MW captive power facility in Purulia, with state-backed fast-track clearances under ultra mega status
Dixon, Amber, Kaynes, Samvardhana Motherson among key applicants
The latest Annual Survey of Industries 2023-24 shows that it was at 49.5 per cent, the fourth year in a row that urban areas have been a minority contributor to manufacturing output
Foxconn, formally known as Hon Hai Precision Industry, asked hundreds of its engineers and technicians from mainland China to return home from its operations in India
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
July IIP: Manufacturing boosted industrial growth in July, even as mining contracted 7.2% and electricity rose 0.6%, govt data showed
Semiconductor duties, exclusion of non-smartphone items from exemptions likely to derail electronics $80 billion export targets
Deep-tech startups target $1.3 trillion manufacturing goal with robotics, AI, and precision engineering, as Indian manufacturing gets a much-needed technological reboot
The government on Tuesday said as many as 806 applications have been approved under the Production Linked Incentive (PLI) schemes across 14 sectors as on date. The schemes for 14 key sectors including telecom, electronics, pharma, textiles and auto were announced with an outlay of Rs 1.97 lakh crore to enhance India's manufacturing capabilities and exports. It was announced in 2021. "As on date, 806 applications have been approved under PLI schemes across 14 sectors," Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha. He said that actual investment of Rs 1.76 lakh crore has been realised till March 2025 across 14 sectors, which has resulted in incremental production/sales of over Rs 16.5 lakh crore and employment generation of over 12 lakh (direct and indirect jobs). The pharmaceuticals sector has witnessed cumulative sales of Rs 2.66 lakh crore, which includes exports of Rs 1.70 lakh crore achieved in the first three years of the ..
India’s rise as a global manufacturing hub is hitting a silent wall—China. From iPhone production glitches to fertiliser freezes and stalled high-speed rail projects.
India has made progress in making its manufacturing sector more attractive to global investors, and ongoing changes in international trade policy would benefit India in the long run, a S&P Global study said on Monday. S&P Global India Research Chapter's study, titled 'India Forward: Transformative Perspectives', said that as economies adapt to evolving trade dynamics and tariff challenges, India can capitalise on this momentum for accelerated manufacturing growth and greater global supply-chain integration. A strategic shift towards local sourcing, proximity to end-markets, and enhanced regional integration should attract additional investment to the sector, accelerating India's technological advancement and manufacturing competitiveness and creating additional high-quality manufacturing jobs, it said. "Beyond the near-term, changes in global trade policy would catalyse supply-chain diversification, to the benefit of India," it added. The study said India has made "notable ...
HSBC India Manufacturing PMI rose to 58.2 in April from 58.1 in March, driven by solid expansion in new orders, job creation, and export demand despite rising prices
April 2025 Manufacturing PMI: New orders, especially international demand, grew at the fastest rate in 14 years, driving manufacturing output growth in April
Union Minister Ashwini Vaishnaw rolled out guidelines for the Electronics Component Manufacturing Scheme to boost domestic manufacturing, attract investments, and build a strong electronics ecosystem
Chinese imports of medical devices, viscose staple yarn, and gloves surge; industry seeks urgent anti-dumping measures
This leap would represent a doubling of the current module capacity of approximately 80 GW in 2025 and a significant rise in cell production capacity - set to increase eightfold
'Buoyant demand' helps sales by companies that report fastest drop in finished goods stocks: PMI survey