Page 2 - Industrial Growth

BS Samriddhi: 'Uttar Pradesh has a healthy pipeline of foreign investments'

UP's industrial push gains momentum with strong policy incentives, rising land demand, and a major fifth ground-breaking ceremony set to roll out projects worth lakh-crores

Tamil Nadu in 2025: Double-digit growth and steady industrial progress

Known for its vibrant industrial ecosystem, Tamil Nadu continued to make steady strides in the sector in 2025, witnessing record IT exports, besides focusing on aerospace with new investment proposals and marching into 2026 with a double digit growth. Ford's re-entry in to the state brought cheers, even as fears have emerged in the hosiery hub Tirupur following the revised US tariffs aimed at Indian imports into that country. Touching an all time high, the state clocked a 11.19 per cent growth rate, which Chief Minister M K Stalin attributed to the sustained economic policies of the DMK government that assumed office in 2021. According to industry department officials, TN had previously recorded its highest growth rate of 9.69 per cent during the 2010-11 financial year when the late DMK patriarch M Karunanidhi was the CM. "We are not saying this. As per the Union ministry of statistics and programme implementation's revised estimates, during 2024-25, Tamil Nadu has achieved 11.19 p

SKF India Industrial expects top line to nearly double in 5 years

SKF India Industrial expects revenue to scale to about ₹4,500 crore in five years, with margins improving post-2028 as a Pune plant-led capex cycle is completed and efficiency rises

Gorakhpur emerges as industrial hub with projects worth ₹11,600 crore

PepsiCo, Coca-Cola, Reliance among investors; Yogi says rule of law spurred growth as GIDA eyes mega corridor expansion

Stock Market Close: Sensex down 14 points; Nifty at 26,203; IT, realty, oil & gas shares fall

Stock Market Close on Friday, November 28, 2025: In the broader markets, Nifty Midcap 100 and Nifty Smallcap 100 ended lower by 0.11 per cent and 0.27 per cent, respectively.

78% of Tamil Nadu's ₹11.4 trn MoUs now under implementation: TRB Rajaa

Rajaa said the state has attracted Rs 11.4 trillion in MoU-based investments since the DMK took charge, with nearly four-fifths of projects already in implementation stages

India's industrial output growth remains unchanged at 4% in September

Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period

China's industrial profits up 0.9% in Jan-Aug after July's 1.5% decline

Electric vehicle maker BYD saw quarterly profit fall for the first time in three-and-a-half years

India's food processing industry projected to reach $535 bn by FY26-end

India's food processing sector accounts for 7.7 per cent of manufacturing output and supports over 7 million jobs, is projected to reach USD 535 billion by 2025-26, driven by rising consumption, exports, and government focus on 'Make in India', according to industry experts. With AI automation and smart packaging redefining the industry, India has the potential to emerge as the global hub for food and packaging materials, they said at the the Fi India and ProPak India event organised by Informa Markets. According to them, India's organic food market is projected to grow at a compound annual growth rate (CAGR) of 20.13 per cent to USD 10.8 billion by 2033, while the food ingredients market is growing at 7-8 per cent CAGR. Dr Meenakshi Singh, Chief Scientist, Technology Management Directorate, Council of Scientific and Industrial Research (CSIR), said food ingredients form the backbone of the food sector, with packaging playing an equally critical role in ensuring safety and ...

Govt must bite the bullet on land reforms to ease manufacturing growth

How to make land available quickly and cheaply for development, without alienating landowners or eroding their rights, remains a point of contention

Tamil Nadu unveils TN Rising conclaves, first edition in Thoothukudi

Tamil Nadu launches TN Rising to promote regional industrial growth, starting in Thoothukudi, with a focus on green energy, EVs, MSMEs, and infrastructure-led development

Uttar Pradesh govt seeks ₹10 trillion in investment to boost industry

Invest UP, the state's investment promotion agency, has already lined up projects worth ₹5 trillion for the proposed ground breaking ceremony

Labour reforms by states have limited potential, defeat purpose: Experts

At least 20 states and UTs have amended their laws and increased the threshold for retrenchment without government approval from 100 to 300 workers

IIP growth slows to 6-month low of 2.9% in February on weak manufacturing

February industrial output: January marked an eight-month high at 5% driven by an upswing in the critical manufacturing sector

PDP leader targets govt over 'broken promise' of industrialisation in J&K

People's Democratic Party (PDP) legislator Waheed Para on Saturday criticized the government over the post-abrogation promise of development and industrialization in Jammu and Kashmir and said no major investment has taken place so far in the Union Territory. He said the people of Jammu and Kashmir have expressed concerns that current development will lead to destruction in the region. "While discussing allocations here over the last five years following the abrogation of Article 370, this move was justified with the claim that there would be large-scale development, industrialization and significant investments in J&K. However, this has not materialized," Para said during discussions on departmental allocations in the Jammu and Kashmir Assembly. Taking a swipe at the government, he added, "The reality is that 50 per cent investment has gone down, with very little investment actually taking place as far as industrialisation is concerned." The PDP leader said there is a growing ...

Foxconn chief-Rajaa drive, which went viral, may bring 'good news' to TN

Young Liu discussed critical minerals, storage plans, and improving the component ecosystem during the 45-minute drive with the minister

UP govt tags 450 acres from six defunct textile mills for industrial use

Move part of the Yogi 2.0 government's target to achieve an industrial land bank of 150K acres by 2027

MSEZ partners with Italy's MIR Group for Rs 1,500 cr green facility

The proposed facility will focus on manufacturing BIPV panels, thermal insulation materials, sodium-ion batteries, and insulated doors and windows

Govt's focus on FDI liberalisation to boost industrialisation: DPIIT

DPIIT Secretary Amardeep Singh Bhatia on Thursday said the government's focus on FDI liberalisation, smart industrial townships, and sector-specific parks, especially in Tier 2 and 3 cities, is contributing to India's industrialisation. He was speaking at a panel discussion at the 97th AGM and annual convention of FICCI. He also emphasised that the Department for Promotion of Industry and Internal Trade (DPIIT) is creating a conducive ecosystem for industrial development, with support from various ministries. Initiatives like the National Industrial Corridor Program, Production Linked Incentive (PLI) scheme, and the ease of doing business reforms have facilitated industrial growth, Bhatia said. Kamran Rizvi, Secretary in the Ministry of Heavy Industries, who also participated in the discussion, emphasised the rapid pace of change driven by electrification and the need for industries to adapt to this shift. He highlighted how the Ministry of Heavy Industries is playing an active ro

Triveni Turbine Q2 results: PAT rises 42% to Rs 91 cr on higher income

Triveni Turbine on Monday reported a 42 per cent on-year rise in consolidated profit after tax to Rs 91 crore in the September 2024 quarter, pushed by higher income. It posted a Profit After Tax (PAT) of Rs 64 crore in the July-September quarter of preceding 2023-24 financial year, the company said in a regulatory filing. Total income rose to Rs 520.7 crore from Rs 402.3 crore a year ago. In a statement, Dhruv M Sawhney, Chairman and Managing Director of Triveni Turbine, said: "We have reported another strong set of results across all key metrics of revenues, profitability and order booking." In Q2 FY25, order booking grew 25 per cent Year-on-Year (YoY) to Rs 5.72 billion driven by export order booking which increased 50 per cent YoY to Rs 3.04 billion. Key drivers of growth in product order booking were finalisation of orders by industrial customers for biomass-based process cogeneration along with API (American Petroleum Institute) turbines. Triveni Turbine is amongst the leadi