Page 3 - Manufacturing Growth

Tesla Inc to start with sales, manufacturing in India next year: Report

Tesla Inc will come to India early next year, country's transport minister Nitin Gadkari told national daily the Indian Express on Monday.

PLI scheme explained: Modi govt's subsidy plan to boost local manufacturing

The government yesterday approved a Production-Linked Incentive (PLI) scheme for ten key sectors, including telecom, automobiles and pharmaceuticals, taking the total outlay for such incentives to nearly Rs 2 trillion over a five-year period. The scheme will help encourage domestic manufacturing, reduce imports and generate employment as the government works to bolster economic growth. The financial outlay for the new scheme will be Rs 1,45,980 crore.

20 sectors identified for boosting manufacturing and export: Piyush Goyal

According to sources, govt is gearing up to place tighter restrictions on import of 371 items worth $127 billion. These include toys, plastic goods, sports items and furniture

India's factory slump deepens in May, headcount slides: PMI

Asia's third-largest economy will contract this quarter for the first time since the mid-1990s

HCL Tech bets on strong demand across sectors to continue growth momentum

The company, which posted 15.5 per cent rise in revenue in the December quarter, is also seeing strong growth in the European and US markets.

Manufacturing contracts for first time in 2 yrs, pulls down GDP to 6-yr low

This is the second contraction in the sector on a quarterly basis in the past eight years - since the new GDP series started in 2012-13

Industrial output sees steepest fall in 8 years, shrinks 4.3% in September

September saw the slowdown in the manufacturing sector - which accounts for 78 per cent of the index

Industrial output shrinks 4.3% in Sep, in weakest showing since Apr 2012

According to the latest CSO data, IIP contraction in August has been further revised downwards to 1.4 per cent from the provisional 1.1 per cent decline estimated last month

Manufacturing PMI drops to 2-year low in October on softening demand

The downturn in overall business activity and demand suggests the Reserve Bank of India might need to ease policy again, a survey showed

Manufacturing growth dips to 0.6% over slackening demand, global headwinds

A persisting liquidity crisis in the MSME added to the manufacturing sector's woes

Manufacturing growth slows to 5-month low in March amid weaker demand: PMI

Job generation falls for first time in eight months; GDP growth projection scaled down to 7.3% for FY19

India's manufacturing PMI seen at 50.7 in May

Index at 50.7 marks expansion against a recording of 50.5 in April