The move follows the latest IIP data set, which marked the shift from the WPI to the output PPI as the deflator for item groups where the output is collected in value terms
Exports surge over 40-fold to $1.5 billion in FY26
Action Construction Equipment (ACE) on Thursday announced an investment of Rs 200 crore in a joint venture with Japan-based KATO Works Co. Ltd to manufacture high-capacity cranes in India. In a statement, ACE said ACE KATO Pvt. Ltd the 50:50 joint venture between ACE and KATO Works will manufacture high-capacity cranes in India for domestic and global markets. The joint venture has established an 11-acre manufacturing facility in Haryana with a planned investment of approximately Rs 200 crore, the construction equipment manufacturing company said. The facility will manufacture truck cranes, crawler cranes and rough-terrain cranes, catering to infrastructure, transportation, mining, ports, energy, metro rail, industrial and other heavy-duty applications. "By partnering with KATO, we are combining globally proven Japanese technology with India's manufacturing strengths to create a world-class platform for high-capacity crane manufacturing," said Sorab Agarwal, Executive Director, .
The Ujjain facility, part of PepsiCo's Rs 5,700-crore India investment pipeline through 2030, will manufacture beverage concentrates and create around 500 jobs
Production, demand and hiring sentiment softened in the April-June quarter amid geopolitical tensions, while exports and capacity utilisation remained relatively resilient, the FICCI survey said
A report examines how the war in Iran has weighed on Asian economies, but left China in a more advantageous position
Draft amendments to the Medical Device Rules seek to reduce manufacturing licence timelines for Class B, C and D devices to improve regulatory efficiency and ease of doing business
The original purpose of QCOs was to ensure quality standards to protect consumers, improve product quality, and keep substandard imports out of the Indian market. Over time, however, the policy expand
The proposed investment by Horse Powertrain, backed by Geely and Renault, would support local production of advanced hybrid engines and powertrains
The company says compliance costs under the Battery Waste Management Rules could exceed profits, threatening the viability of its dry-cell battery manufacturing business in India
As states compete to attract manufacturers, experts say infrastructure, talent, logistics and sustainability are becoming as important as incentives
In this session, Siddhant Bery & Aayaan Bery, the next-gen leaders at KSP Inc., a manufacturing & export firm, talk about industrial automation, and provides career tips to the B-Schoolers. > >
The government should consider a host of measures, such as removing the import levy on unwrought aluminium, correcting the inverted duty structure, and imposing a 20 per cent export duty on the metal to boost domestic aluminium-based manufacturing, think tank GTRI said on Thursday. It said that India's tariff policies have created some major distortions in the aluminium value chain - encouraging metal exports, inflating raw material costs for manufacturers, and increasing dependence on imported finished products. Aluminium is one of the foundations of modern industrial economies. It is essential for power transmission, renewable energy, electric vehicles, railways, construction, packaging, aerospace, defence, and a wide range of consumer and engineering products. As India accelerates investments in infrastructure, clean energy, advanced manufacturing, and electric mobility, the demand for aluminium and aluminium-based products is expected to grow rapidly, the Global Trade Research .
Locally manufactured SUV becomes the most affordable Countryman in India and strengthens MINI's domestic portfolio
Perhaps the most important development challenge India faces at present is the revival of manufacturing growth and a greater prospect of achieving the 25 per cent target, articulated first in 2012 and
Adani Group and US-based electronics manufacturer Jabil Inc on Monday announced plans to form a strategic alliance to build a large-scale artificial intelligence (AI) and data centre infrastructure manufacturing platform in India, targeting both domestic demand and global exports. The proposed partnership aims to manufacture high-density AI racks, servers, storage systems, networking equipment and supporting power and cooling infrastructure, as India seeks to position itself as a global hub for AI hardware production. In a statement, Adani Enterprises and Jabil said the platform would target multi-gigawatt AI rack manufacturing capacity and cater to hyperscale cloud providers, colocation operators and enterprise data centres worldwide. The alliance combines Jabil's engineering and manufacturing expertise with Adani Group's infrastructure, renewable energy and data centre businesses to address what the companies described as rapidly growing demand for AI-ready data centre ...
India’s auto PLI scheme was designed to boost manufacturing and position the country as a global automotive hub. However, automakers say rising compliance requirements
The dominance of India's largest companies too is gradually eroding
As defence and space-tech ventures move from design to deployment, many are expanding testing, manufacturing and training operations into smaller cities to access land, airspace and lower costs
In this session, Karthikeyan Natarajan, CEO, Infinite Uptime, talks about the future of manufacturing & provides career tips to the B-Schoolers.