He also called for a comprehensive understanding of the circumstances and taking informed decisions on the pros and cons of importing from China before being swayed by sentiments
Indians will have to pay 'terrible prices' if domestic manufacturing doesn't survive in long run, say minister
From PPEs to ventilators to face shields, manufacturers have invested money to ramp up production and deliver during this crisis
Reliance Industries will be in focus today after the oil to telecom conglomerate yesterday said the company's board has approved a proposal to raise Rs 25,000 crore through non convertible debentures
Coronavirus scare keeps companies spooked and business optimism low
The stress lies in the manufacturing and construction sectors, the biggest employers of semi-skilled labour
Budget should reverse two-year slide towards closed economy
He also said that exports are going to be the main driver of economic growth
But weak market conditions keep firms spooked and business optimism low
The executives stressed on the need for Indian manufacturing to become globally competitive and join global value chain as the key ingredients for becoming a $5-trillion economy
Although business conditions in the Indian manufacturing sector improved in November, the rise, however, remained subdued compared to earlier this year and the survey history, the study said.
Businesses are pinning their hopes on a revival in consumer demand during the upcoming Diwali religious festival in India
The Index of Industrial Production (IIP) is now expected to remain muted this fiscal year
Like fans of filmstars or cricketers, investors have shown abiding faith in Mr Modi, who is still seen as a doer with the right intent and strong will
The MSME sector accounts for 30 per cent of the country's gross domestic product, anchoring 45 per cent of total industrial production
India has the manpower, but skill levels fall short and government rules are relatively restrictive
The government shouldn't worry about the latest quarterly growth figures
India is missing out on global value chains because of its inadequate transport infrastructure, land and labor regulations and tax structure
This is the 15th consecutive month that the manufacturing PMI remained above the 50-point mark
The estimates are part of Ficci's latest quarterly survey which assessed the sentiments of manufacturers for the second quarter for twelve major sectors