Manufacturing

Shedding China baggage, India's luggage brands unpack manufacturing at home

A quiet supply-chain reset is underway as travel habits change and indigenous brands gain support

PM Modi urges industry, start-ups to prioritise quality in Indian products

Prime Minister Narendra Modi on Sunday urged industry and start-ups to focus on quality and resolve to make excellence a benchmark in manufacturing. In his monthly 'Mann ki Baat' radio address, Modi said Indian products should be synonymous with top quality and urged the industry to manufacture zero-defect products. "Let us resolve to improve the quality of whatever we manufacture. Be it our textiles, technology, electronics or even packaging; an Indian product should become synonymous with top quality," the prime minister said in his 130th Mann ki Baat address. He also lauded the efforts of youngsters who participated enthusiastically in India's start-up journey that began 10 years ago in 2016. "Today India has turned into the third largest start-up ecosystem in the world. These start ups are out of the box; they are working in sectors that were unimaginable even 10 years ago," Modi said. The prime minister said Indian start-ups are working in sectors as diverse as AI, space, ..

India at Davos: From presence to partnership in long-term global growth

At Davos 2026, India moves from promise to partnership, positioning itself as a stable anchor for long-term global growth and investment

Syngene downgrades its revenue guidance by 5% on Librela inventory impact

Syngene trims FY26 revenue guidance by up to 5% as inventory correction for veterinary drug Librela hits profits, even as core research and CDMO business grows

Ficci's manufacturing index reaches an all-time high in Q3 of FY26

Ficci's manufacturing index hit a record high in Q3 FY26, with 91% firms reporting stable or higher output, signalling strong demand and optimism across key sectors

Whizzo raises $15 mn in Series A round to scale technical textiles platform

Fundamentum-led Series A backs materials-science research, in-house IP and expansion of an Asia-wide manufacturing network

India ranks sixth in Asia manufacturing index 2026, needs sharper push

Malaysia jumps to second place; China stays on top

Budget 2026-27: Key challenges and growth drivers in manufacturing sector

Rising costs, AI-led disruption and skill gaps challenge manufacturers, prompting industry calls for labour code rollout, digital skilling and stronger logistics support

Budget 2026: Here are key challenges in electronics & semiconductor sector

Electronics & SemicIndia's electronics and semiconductor ambitions face hurdles such as high capital costs, talent gaps and weak value-chain presence

India's manufacturing renaissance: Building a new industrial architecture

The architecture of a new industrial era is being shaped by sustained political leadership and long-term institutional thinking

Govt nudging companies to step up engagement with startups, says DPIIT secy

The government is urging corporates to work more closely with startups to support entrepreneurship, cut manufacturing costs and strengthen domestic supply chains, DPIIT secretary said

Govt may change EV manufacturing scheme to attract global players

The changes are being planned as the proposed India-EU FTA could reduce import duties on electric vehicles, making the current incentive structure less attractive

Mobile phone production to reach $75 billion by FY26-end, says ICEA

Mobile phone production in the country is expected to reach USD 75 billion, comprising export of over USD 30 billion, by end of the current fiscal year, industry body ICEA said on Monday. India Cellular and Electronics Association Chairman Pankaj Mohindroo told PTI that India delivered strong growth in electronics production, reaching USD 133 billion in 2025, while exports continued to expand sharply. "The Mobile Phone PLI scheme continued through 2025-26, and its impending completion in March 2026 will be another important milestone for the sector. Under this scheme, Indian mobile production scale has grown substantially, and we expect India to reach around USD 75 billion in mobile production with more than USD 30 billion in exports in FY26," he said. ICEA members include Apple, Foxconn, Dixon, Vivo, Oppo, and Lava. Mohindroo said the deepening of the value chain through electronics component manufacturing scheme (ECMS) and semiconductor project approvals met industry expectations

Motherson secures PLI incentives for electronics components manufacturing

Auto components major Samvardhana Motherson International Ltd on Monday said its arm Motherson Electronic Components Pvt Ltd has secured incentives under the government's production linked incentive scheme. Under the latest approvals, MECPL (Motherson Electronic Components Pvt Ltd) has been included among the beneficiaries of the Electronics Components Manufacturing Scheme (ECMS) announced by the Ministry of Electronics and Information Technology (MeitY), for the production of enclosures for the consumer electronics industry, Samvardhana Motherson International Ltd (SAMIL) said in a regulatory filing. These incentives are for six years -- from FY26 to FY31, with an expected cumulative investment of Rs 1,900 crore over the investment period, it added. "MECPL is looking to create over 5,000 employment opportunities at its plant in Kanchipuram, Tamil Nadu, during the course of these incentives," SAMIL said. Motherson's inclusion in the ECMS initiative reflects its strong capabilities

India's manufacturing PMI eases to 55 in December, at 38-month low

December manufacturing PMI: New business continued to grow at a strong rate, but the pace was the slowest since December 2023

Vijay Kedia on the biggest investment mistake of 2025 and lessons for 2026

As we move into 2026, markets are likely to become far more selective. The phase when almost every stock rose together is over

Industrial production grows 6.7% in November, highest in two years

India's industrial production grew at a two-year high of 6.7 per cent in November this year, driven by strong performances in mining and manufacturing, according to official data released on Monday. The factory output, measured in terms of the Index of Industrial Production (IIP), had expanded by 5 per cent in November 2024. The previous high was recorded at 11.9 per cent in November 2023. The National Statistics Office (NSO) revised the industrial production growth to 0.5 per cent for October 2025 from the provisional estimate of 0.4 per cent released last month. The NSO data showed that the manufacturing sector's output grew by 8 per cent in November 2025 from 5.5 per cent in the year-ago month. Mining production rose by 5.4 per cent against a growth of 1.9 per cent recorded a year ago. Power production contracted by 1.5 per cent in November 2025, compared to 4.4 per cent expansion in the year-ago period. During the April-November period of FY26, the country's industrial produc

China's growth shows why government support should be aimed at new starters

China's growth highlights the need for India to shift policy support towards new firms, boost manufacturing, R&D spending, and empower states and cities to drive entrepreneurship and competitiveness

India-New Zealand trade deal finalised: Which sectors are set to gain?

The deal includes sweeping tariff cuts, expanded services access, enhanced labour mobility and a long-term investment commitment

Bringing down debt-to-GDP ratio will be govt's core focus: Sitharaman

The finance minister stressed that fiscal management remains a priority and must be consistently upheld year after year