Industry

Industrial output data for Oct postponed to Dec 1 ahead of GDP release

The IIP growth for September 2025 stood at 4 per cent, unchanged from August, supported by growth in the manufacturing sector

Best of BS Opinion: India, US must push for a quick trade agreement

Today's opinion pieces look at the US tariff issues, NCR's air pollution hazard, India's diversity as a counter to AI, and the need for knowledge-industry linkages

Must ensure that GST benefits are passed to consumers, says Piyush Goyal

At EEPC India's Platinum Jubilee celebrations, the Commerce Minister said the next-gen GST reforms will strengthen industry, trade and drive engineering exports

KFC's fried chicken toothpaste sells out after April Fool's day launch

KFC announced the unusual product on April 1, leading many people to believe it was just a joke

Going local for global: Bharat Global Ports to test waters at home first

Govt may give consortium domestic exposure

Metros ditch stores for qcom; retailers adopting tech to counter decline

Retail stores in India are integrating CRM tools, online ordering platforms, and inventory management software to counter onslaught of ecom and qcom, says a new PwC study

Hiring sentiment to rebound in H1 2025 after a lull, IT jobs in focus

However, talent retention remains a major concern, as 42 per cent of companies foresee the highest attrition rates within IT roles

The VC Fellowship (HireVC) Hosts Its Inaugural Annual Flagship Event, SYNC

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Sector Watch: From tech to auto, how the Budget affects key sectors

Broadband connectivity to all government secondary schools and primary health centres

Global majors to power Tamil Nadu's Rs 42K crore green hydrogen hub

Firms may soon get formal letter of award for South India's only hydrogen hub at VOC Port; Pilot project to be operational by mid-February

Govt introduces Diamond Imprest Authorization scheme to support exporters

This move comes in response to policies in diamond-producing countries like Botswana and Namibia, where manufacturers must process diamonds locally

Domestic composite materials industry to touch $2.8 bn mark by 2030: Report

Domestic composite materials industry is expected to grow at a 7.8 per cent annual growth rate to reach USD 2.8 billion by 2030, a report said. Composite materials or fibre-reinforced plastics (FRP) help in the circular economy as these are manufactured by combining multiple materials with different properties. The Indian composite materials market is estimated at USD 1.8 billion in 2024, FRP Institute said in its report. "The Indian composite materials market is likely to grow at a healthy CAGR of 7.8 per cent over the next six years to reach USD 2.8 billion in 2030," the Chennai-based body said. The major growth drivers for the industry will be increasing demand from sectors like electrical vehicles (EVs), renewable energy, transportation and construction industries, consumer and white goods, construction and defence. Government projects like smart cities, hydrocarbon, freshwater transportation, sewage treatment system, and rehabilitation of water and sewage pipelines will also

Bollywood dims as streaming platforms steal the spotlight, TV rights fall

Satellite TV rights for Hindi films have plummeted by over 50 per cent as streaming platforms surge, reshaping the market; producers face tougher competition, with TV's viewership also declining

Industry seeks tax relief, capex boost, reforms at FinMin's pre-budget meet

Industry representatives stressed that, given the uncertainty caused by persisting global headwinds, government's focus on public capex in physical, social, and digital infrastructure will be crucial

Indian startups to boost hiring by 20-30% in 2025 as funding improves

Indian startups are set to ramp up hiring by 20-30 per cent in 2025 as funding improves, reversing a prolonged slowdown. Layoffs dropped 46 per cent YoY in 2024, signalling sector recovery

Netflix, Amazon oppose Trai's bid to regulate content delivery networks

Streaming giants Netflix, Amazon, and other industry bodies oppose Trai's proposal to regulate content delivery networks, warning it could affect investments and harm India's digital economy

Industry must realign itself with political, strategic policies: Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said the industry will have to realign its policies keeping in mind political and strategic decisions of the country. Outlining the priorities of the economy for the next decade, Sitharaman also said attempts should be made to restore global calm and normalcy and noted that war or any form of disruption should be avoided. Sitharaman said the economy has to "clawback" more to regain its strength after the Covid pandemic and any skirmish or war will impact the supply chains and food value chains. "The world is facing challenges which are reflected in the economy," the Minister said at the CII Global Economic Policy Forum here. Talking about ways to tackle supply chain disruptions, Sitharaman said currently there is a need to blend economic priorities with politics and strategic needs. "When we talk about restoring supply chains to frictionless supply chains, let's not forget it's not just economics, it's more than that... We have to b

GST hike on apparel could shut MSMEs, lead to 100,000 job losses: CMAI

The CMAI said that the proposed GST rate revisions pose a significant threat to the apparel industry, which is facing challenges like drop in consumer demand, profit erosion and working capital issues

Why Indian airlines can't raise fares despite soaring passenger demand

Despite soaring passenger numbers, Indian airlines can't raise fares due to fierce competition, rising costs, and price sensitivity, leaving them struggling to stay profitable

90% of Indian firms mandate office work, surpass global average: JLL report

Indian firms lead in-office work trends with 90% requiring more than three office days weekly; over 54% of Indian companies expect an increase in office attendance by 2030, compared to 43% globally