Top export sectors remain vulnerable due to high reliance on imported components
India is moving beyond assembly in several industries, yet gaps in critical components and upstream manufacturing continue to limit domestic value addition
Subsidies can help India build component factories. But can Indian manufacturers match global competitors on cost, scale and efficiency when government support ends? Experts explain
Perhaps the most important development challenge India faces at present is the revival of manufacturing growth and a greater prospect of achieving the 25 per cent target, articulated first in 2012 and
The collaboration will focus on deploying ASML's holistic suite of advanced lithography tools and solutions for the Dholera Fab
Policy must now assume depoliticised global trade is over, with US-led politicisation meaning no country treats globalisation as an end
January manufacturing PMI: The rebound in January came after the seasonally adjusted PMI touched a two-year low of 55.0 in December 2025
Several manufacturing-focused schemes received fresh allocations and enhancements in Budget 2026
New ship repair facilities for river vessels, coastal cargo promotion scheme also announced
Union Budget 2026 outlines a ₹10,000 crore scheme to build a globally competitive container manufacturing industry in India, while also supporting domestic production of construction and infrastructur
From India's role in a changing global order to fertiliser reform, export ambitions and the EV supply chain, today's Best of BS Opinion brings together key editorials and columns.
Rising costs, AI-led disruption and skill gaps challenge manufacturers, prompting industry calls for labour code rollout, digital skilling and stronger logistics support
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