Page 2 - India Manufacturing Growth

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

806 applications approved so far under PLI schemes across 14 sectors

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 ..

How China is trying to choke India’s manufacturing rise | iPhones in India | China+1| Foxconn

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's manufacturing sector more attractive to global investors: S&P

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 ...

India's April factory activity reaches 10-month high, exports surge

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

India's manufacturing PMI hits 10-month high of 58.2 in April, IIP rebounds

April 2025 Manufacturing PMI: New orders, especially international demand, grew at the fastest rate in 14 years, driving manufacturing output growth in April

Centre unveils guidelines for ₹22,919 cr electronics manufacturing scheme

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

Industry bodies seek immediate safeguards against influx of Chinese goods

Chinese imports of medical devices, viscose staple yarn, and gloves surge; industry seeks urgent anti-dumping measures

India targets 160 GW solar module capacity by 2030: NSEFI CEO

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

India's March factory activity expands at its fastest pace in 8 months

'Buoyant demand' helps sales by companies that report fastest drop in finished goods stocks: PMI survey

Manufacturing PMI rises to 8-month high in March driven by new orders

The rise was driven by stronger new orders growth, as the New Orders Index reached its highest level in eight months, supported by increased customer interest

Jindal Stainless mulls ₹40,000 cr investment for new plant in Maharashtra

The proposal, with an estimated investment of Rs 40,000 crore, is scheduled to be developed over the next 10 years, which is expected to create more than 15,000 jobs

India's ambitious $23 bn PLI scheme to counter China factories set to lapse

As of October 2024, participating firms had produced $151.93 billion worth of goods under the scheme, or 37 per cent of the target that Delhi had set

India's semiconductor market to grow at 13%, reach $103 bn by 2030: IESA

The report calls for the continuation of the semiconductor incentive scheme beyond the initial $10 billion allocation to achieve India's manufacturing ambitions

India has made manufacturing more complicated, says CEA Nageswaran

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

Will Budget 2025 kickstart Indian manufacturing, drive GDP growth?

Focus on the manufacturing sector was among the primary suggestions made to the Finance Minister Nirmala Sitharaman during the pre-Budget consultations by a group of economists

Rhetan TMT Ltd: Pioneering Steel Manufacturing and Sustainability

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