Industrial Demand

China's industrial profits rise 10% showing signs of stabilising economy

Profits at China's industrial firms jumped 10.2 per cent in the first two months from the same period last year, following a 2.3 per cent profit decline for the whole of 2023

India's natural gas demand is expected to rise 6% in 2024, says IEA

India's natural gas demand is expected to rise by 6 per cent in 2024 with a rise in consumption in fertiliser units, power generation and industrial sectors, according to the International Energy Agency (IEA). Following the 7 per cent year-on-year decline observed in 2022, India's primary gas supply rose by 5 per cent in 2023, with growth primarily driven by the petrochemical, power generation, refinery and industrial sectors. "Natural gas demand in India is expected to increase by 6 per cent in 2024, mainly supported by higher gas use in industry (including in the fertiliser sector) and stronger gas burn in the power sector amid the development of its national pipeline grid and city gas infrastructure," IEA said Gas Market Report released last week. India's natural gas demand had risen to 64 billion cubic meters in 2023. Liquefied natural gas (LNG) imports rose by 7 per cent on the year to 29 billion cubic meters last year, with import dependency at 44 per cent of the nation's ...

Industrial and logistics space demand hit record in 2023: CBRE report

The consultant noted that diverse industries, including e-commerce, retail, and manufacturing, chose to outsource their supply chain operations to 3PL firms

Thermax Q2 net profit rises 45% at Rs 158 cr on strong industrial demand

Sales of industrial products -- including for heating, cooling, water and waste management increased 18%

Industrial & warehouse leasing demand picks up in Q3, stable at 17 mn sq ft

Chennai led the leasing activity in Q3, accounting for 30% share among India's top five cities

Sony India aims 40% growth in audio business in FY24 as demand rises

Sony India is aiming 40 per cent growth in its audio business in the current fiscal, led by rising demand for premium products in the segment, its Managing Director Sunil Nayyar said on Thursday. The company is expecting a "promising" growth in some of the segments as soundbars and personal audio products like earphones and headphones continue its lead, outpacing the market growth rate. Sony India, which aims to be the dominant premium audio brand here, gets around 20 per cent of its sales revenue from the audio business and expects its contribution to become higher in the coming years. "Audio business is very promising in India and the premium market (in the segment) is growing and the growth rate is high. This composition will continue to increase every year," Nayyar told PTI. He further said:" The growth of the audio might outpace the growth of other categories." The company logged 21 per cent growth in the audio business in the last fiscal. The audio business includes soundbar

Abundant resources, govt policies make Madhya Pradesh investors' haven

Ravi Jhunjhunwala, chairman and managing director (CMD) of HEG Mandideep, said that Madhya Pradesh has a great atmosphere to work in the field of industrial investment

Capital, consumer goods output under pressure as demand, investments slow

Segments are yet to recover from pre-covid period of 2019-20 when the economy started slowing down

Exporters meet Piyush Goyal, flag concerns on demand from Western nations

According to preliminary data released by the commerce ministry on Tuesday, merchandise exports declined to a five-month low of $35.2 billion in July

Mamata may need to conjure up resources to woo big-ticket projects

Investor summits by any state are about intent, big numbers, and tall claims.

India Inc ready to take on greater risks as demand grows

With Covid seemingly under control, does India Inc have reasons to be confident again? And, is the demand revival broad-based enough to justify positive business sentiment? Let's find out

Effective measures needed to support demand creation, maintain jobs: PHDCCI

The government has to step up with effective policy measures are needed to support demand creation and maintain employment, industry chamber PHDCCI said on Monday.

Power consumption slump drops to 2.64% in July; may hit normal level in Aug

The latest data of the power ministry shows that power consumption has improved after government started giving relaxations for economic activities and onset of summers

Govt considers infrastructure push, direct cash transfers to boost demand

There are also discussions on increasing the scope and quantum of direct cash transfers to the beneficiaries who need it the most

Covid-19 crisis: Seven charts that show the pain in economy due to lockdown

Electricity generation to railway freight data, all point to a major economic decline

Rise in non-oil, non-gold imports might not mean industrial demand revival

Experts and economists have said that industrial production numbers do not reflect any demand