Industrial Growth

WB to link industrial incentives with job creation: Industries Min. Roy

West Bengal Industries Minister Tapas Roy on Friday said the state's proposed industrial incentive scheme will be linked to employment generation rather than investment, with a new industrial policy expected to be unveiled later this month. Addressing the business conclave 'Uttaran 2026: Bangla, Building the Next Growth', Roy said industries would be eligible for incentives based on the number of jobs they create. "We are thinking of linking incentives to employment generation rather than investment," he said. The minister said the new industrial policy is expected to be announced on August 15. The state government has earmarked Rs 5,000 crore in the 2026-27 budget to revive industrial incentives after the earlier incentive scheme was discontinued by the TMC government. The new industrial policy is expected to lay down the framework for the incentive programme and include measures to improve ease of doing business through a strengthened single-window clearance system, GIS-enabled

India's industrial output growth at 23-month high of 7.3% in June

Manufacturing output growth witnessed a sharp uptick during the month, accounting for most of the improvement over May

MCE-linked capital expenditure likely to reach ₹10 trillion by 2030

India's annual capex in mining and construction equipment-linked sectors is projected to nearly double to ₹10 trillion by 2030, driven by infrastructure and industrial investments

9 mega industrial zones on anvil to boost private investments in UP

UP plans nine mega industrial zones with plug-and-play facilities, skill hubs and employment centres to attract large private investments and boost manufacturing

Purvanchal is emerging as a major investment hub, says Deepak Kumar

UP is positioning Poorvanchal as a major investment hub through industrial clusters, stronger connectivity, GCC incentives and sector-focused policies, says Deepak Kumar

Ubharta Purvanchal: 'Region can create business icons, needs better infra'

Varanasi strengthens its reputation as Purvanchal's economic engine by supporting businesses and cutting red tape

Rajasthan's RIICO records fivefold jump in industrial plot allotments

RIICO allotted five times more industrial plots in Q1FY27, boosting investment, infrastructure development and employment opportunities across Rajasthan

Why India's new industrial index matters more than ever to growth

With a 2022-23 base year, the revamped IIP captures emerging industries, renewable energy and changing production patterns more accurately

RIICO invites bids for private industrial parks at 9 Rajasthan locations

RIICO, Rajasthan industrial parks, Industrial Park Promotion Policy 2026, private industrial parks, Rajasthan investment, industrial infrastructure, PPP industrial parks, RIICO land allocation, indust

New IIP series overhaul: Tracking structural shifts beyond the base year

India's new IIP series broadens sector coverage, updates the product basket and methodology, and aligns industrial data with the economy's evolving structure

West Bengal election results: Industrialists pin hopes on BJP's win

Strained Centre-state relations had long made investors wary, a sentiment reinforced by Trinamool leader Mamata Banerjee's rise on the back of a land agitation in Singur and Nandigram

India's March factory output at series peak despite West Asia war

India's industrial output closed the 2011-12 series with modest growth of 4.1% in FY26, as the NSO gears up to release a revamped IIP series with a 2022-23 base year

China supplies over 30% of industrial goods; overdependence critical: GTRI

China accounts for around 16 per cent of India's total imports, but its dominance is significantly higher in industrial goods, supplying as much as 30.8 per cent of the country's requirements, think tank GTRI said on Tuesday. The country's imports increased to USD 774.98 billion in 2025-26. Out of this, USD 131.63 billion was from China. Dependence on a single supplier for critical inputs leaves sectors like pharmaceuticals, electronics and clean energy exposed to disruptions, whether geopolitical or commercial, it said. The GTRI analysis said that about 66 per cent of India's imports from China, valued at USD 82.6 billion, are clustered in electronics, machinery, computers, and organic chemicals. China accounts for 43 per cent of India's electronics imports, 40 per cent of machinery and computer imports, and 44 per cent of organic chemicals. "These are not discretionary purchases but core inputs that feed directly into India's manufacturing ecosystem," Global Trade Research ...

It's 'jobs first' in Panapakkam: Locals push for hiring, better facilities

Industrial projects lift Panapakkam's profile, but locals demand jobs, storage facilities and water security as key election issues

Factories' tally in Uttar Pradesh jumps 17% to cross 32,000 mark

Uttar Pradesh's factory count crosses 32,000, reflecting a sharp rise in manufacturing activity driven by policy push, infrastructure growth and investor-friendly reforms

UP acquires 24,000 acres in Bundelkhand for industrial development

A vast chunk of land in BIDA has also been acquired in the Jhansi district, the most prominent hub of Bundelkhand

Adani Total Gas hikes industrial prices amid conflict in West Asia

As a result of the attacks on Iran and Tehran's retaliatory strikes, transit through the Strait of Hormuz between Iran and Oman, ‌which carries around one-fifth of oil consumed globally

UP govt tables ₹9.12 trillion annual Budget with a 12.9% yearly increase

Uttar Pradesh's ₹9.12 trillion FY27 Budget ramps up infrastructure and capex, keeps the fiscal deficit below 3%, and pitches the state as India's next growth engine

Maharashtra govt signs MoUs worth over ₹48K cr with auto, steel firms

Maharashtra signs ₹48,000-crore investment MoUs for Vidarbha, with Mahindra's ₹15,000-crore Nagpur plant anchoring the push to build an auto and steel hub

Trade union leaders responsible for stalling industrial growth: CJI

Supreme Court says trade union leaders have stalled industrial growth, cautions that fixing minimum wages for domestic workers could worsen unemployment and hardship