India Manufacturing Growth

GTRI urges DPIIT to issue detailed guidelines for new quality certification

The DPIIT should issue detailed operational guidelines specifying the eligibility criteria, documentation requirements, and timelines for processing applications for companies seeking product quality certification under the new transition facilitation mechanism, think tank GTRI said on Saturday. On June 25, the Department for Promotion of Industry and Internal Trade (DPIIT) notified the Transition Facilitation (Quality Control) Order, 2026. As per the orders, the department has created an alternative compliance pathway under selected ten Quality Control Orders (QCOs), including toys, personal protective equipment, air conditioners and compressors, footwear, furniture, hinges, domestic electrical appliances and household electrical safety products. The applications will be examined by an Implementation Committee chaired by DPIIT and comprising representatives from BIS, the Department of Commerce, the Department of Consumer Affairs, the Directorate General of Foreign Trade and other .

Best of BS Opinion: Reforming institutions, governance for a changing India

Today's Opinion page examines fertiliser subsidy reform, urban governance failures, market regulation, industrial financing and antibiotic resistance through the lens of institutional accountability

PM Modi invites Dutch firms to design, innovate, manufacture in India

Prime Minister Narendra Modi on Saturday invited Dutch companies to design, innovate and manufacture in India, saying the country offers immense opportunities. In his remarks at the CEO Roundtable, the Prime Minister said today's India is a symbol of scale and stability, and no country in the world can match its speed in infrastructure, clean energy, and connectivity. This is why India is contributing 17% to global growth, the Prime Minister said. Emphasising that the government has transformed India's economic DNA through continuous reforms, Modi said that to give policy predictability to the private sector and increase opportunities for them, the country has opened up space, mining, and nuclear energy for the private sector. "We are continuously reducing compliance and increasing the ease of doing business. We have recently carried out next-generation reforms in taxation, labour code, and governance," he informed the business leaders at the roundtable. Modi further said ...

Rare Earth Corridor gains momentum as Andhra targets ₹50,000 cr investment

State plans integrated rare earth ecosystem with mining, processing and manufacturing as India seeks to reduce dependence on China for strategic minerals

AI can help manufacturing MSMEs create up to $150 bn in value by 2035

AI could enable $135-150 billion in value creation for manufacturing MSMEs by 2035, a PwC-ORF study says, stressing a human-centric, augmentation-first approach to technology adoption

Best of BS Opinion: New GDP series welcome, but more needs to be done

A new GDP base year, US-Israel strikes on Iran, India's urban planning crisis, and artificial intelligence's impact on the IT sector dominate today's Opinion page

Manufacturing PMI climbs to 55.4 in January on new orders, hiring

India's manufacturing activity picked up in January as new orders, output and hiring rose, lifting the PMI to a two-month high, though business confidence stayed subdued, S&P Global data showed

Manufacturing is macroeconomic insurance, not nostalgia: Economic Survey

Economic Survey 2026 says that in a fragmented global economy, manufacturing is closely tied to external and currency stability, warning that services alone cannot offset rising global pressures

Ficci Manufacturing Index hits record high in Q3 despite cost pressures

The Ficci Manufacturing Index reached an all-time high in the third quarter, with 91 per cent of firms reporting steady or higher production, up from 87 per cent in the previous quarter, despite production costs remaining on the higher side. The Ficci's 68th edition of Quarterly Survey on Manufacturing (QSM) assessed the performance and sentiments of manufacturers for eight major sectors in the third quarter. These include auto components, capital goods, chemicals, fertilisers & pharmaceuticals, electronics & electricals, machine tools, metal & metal products, textiles, apparel & technical textiles and miscellaneous. Responses have been drawn from manufacturing units from both large and SME segments with a combined annual turnover of over Rs 3 lakh crore. Nearly 57 per cent of the respondents reported an increase in the cost of production as a percentage of sales, which is consistent with the previous quarter's findings, indicating that costs are still on the higher ...

Manufacturing-related stocks have more headroom left, say analysts

At the bourses, meanwhile, Nifty India Manufacturing index, which has outperformed the market by surging 26 per cent in the past nine months

Firms seek manufacturing alternatives in Vietnam, India amid US-China rift

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

The QCO regime: India must align regulations with manufacturing ambition

Reform must also focus on how standards are adhered to. India still lacks an adequate accredited testing and certification infrastructure

Rashmi Group to invest ₹10,000 cr in steel, power plant in West Bengal

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 to Amber: Homegrown giants lead charge in electronics component plan

Dixon, Amber, Kaynes, Samvardhana Motherson among key applicants

Villages now lead India's manufacturing output, urban share falls below 50%

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

India sees no major disruption at Foxconn despite Chinese staff pullback

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

Manufacturing PMI hits 59.3 in Aug driven by rapid expansion in production

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

India's industrial output growth hits four-month high of 3.5% in July

July IIP: Manufacturing boosted industrial growth in July, even as mining contracted 7.2% and electricity rose 0.6%, govt data showed

US tariffs could threaten $30 billion in Indian electronics exports

Semiconductor duties, exclusion of non-smartphone items from exemptions likely to derail electronics $80 billion export targets

India's much-maligned factory floor gets a radical deep-tech makeover

Deep-tech startups target $1.3 trillion manufacturing goal with robotics, AI, and precision engineering, as Indian manufacturing gets a much-needed technological reboot