Manufacturing Sector

India's exports dream likely to run into the hard wall of realities

Tripling India's exports by 2035 needs tiger-like performance, open markets and ruthless reform-conditions history suggests India does not yet have

Mann Ki Baat: PM Modi urges focus on quality, excellence in manufacturing

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' 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 the 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 ups 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,

A Budget for India's strategic growth, jobs and global competitiveness

The document will be pivotal in outlining agenda that sustains growth and capex, enhances manufacturing and technological capabilities, creates jobs, and makes our economy more dynamic and competitive

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

Bata India board approves VRS for workers at Hosur manufacturing unit

Bata India Ltd on Thursday said its board has approved the introduction of a Voluntary Retirement Scheme (VRS) for all eligible workers at the Bata Shatak manufacturing unit in Hosur in Tamil Nadu, as part of its ongoing operational restructuring. In a regulatory filing, the footwear major said the VRS is expected to be "mutually beneficial" for both employees and the company. The status of implementation and the financial impact of the scheme will be assessed and disclosed later in line with its materiality policy. Bata India has been consolidating its manufacturing footprint over the years amid cost pressures and changing market dynamics. The company had earlier implemented VRS at multiple units, leading to closures. Its Faridabad unit in Haryana was shut in 2016 after all workmen opted for VRS, while a unit in Karnataka was closed following a VRS implemented in the past. With the proposed VRS at Hosur, Bata India continues to rationalise its factory operations, even as it retain

Gorilla Glass maker Corning's ₹1,000 crore Chennai unit on track

Corning, through its Optiemus JV Bharat Innovative Glass Technologies, has inaugurated a Rs 1,000-crore mobile cover-glass unit in Chennai, targeting 30 million pieces capacity in the first phase

Tsugami launches ₹300 cr Chennai plant, boosting precision engineering

Tsugami has inaugurated a Rs 300-crore assembly and foundry unit near Chennai-its largest machine-tool investment in India-boosting local jobs and strengthening high-precision manufacturing

US tariffs weigh as manufacturing PMI slows to 9-month low in November

The headline HSBC purchasing managers index (PMI) figure, compiled by S&P Global, for November fell sharply to 56.6 from 59.2 in October

Uttar Pradesh eyes global investment in BFSI, healthcare, manufacturing

The Yogi Adityanath government is pitching UP as a major GCC hub, with Lucknow, Noida, Kanpur and Agra at the core of its pitch

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.

Industrial output growth moderates to 3-month low of 4% in September

Manufacturing gains offset by weaker mining and electricity output; economists see GST cuts and festive demand boosting growth in coming months

Private sector capex led the way in H1FY26 with manufacturing boost

Private investment projects constitute well over 70 per cent of the nearly ₹34 trillion of fresh investments announced in H1 this year

Technocraft share rallies 6% on €10 million UK expansion plan; details here

Shares of Technocraft Industries rallied after the company announced its proposal to invest 10 million euros over the next three years

Dixon to Amber: Homegrown giants lead charge in electronics component plan

Dixon, Amber, Kaynes, Samvardhana Motherson among key applicants

Government must protect domestic manufacturing from self-serving forces

What matters, however, is the manufacturing environment India is building

Slowdown in new orders pulls manufacturing PMI to 4 month low in September

India's manufacturing PMI fell to 57.7 in September from 59.3 in August, as US tariffs slowed orders and output, though GST rate cuts lifted business confidence and export demand

India's industrial production grows 4% in August, shows govt data

While the manufacturing sector recorded growth of 3.8 per cent in August, the electricity sector grew by 4.1 per cent, and the mining sector registered 6.0 per cent growth during the same period

DGTR recommends 5-year anti-dumping duty on select Chinese cranes imports

The commerce ministry's probe agency has advised imposing a five-year anti-dumping duty on specific Chinese crane imports to shield domestic firms from low-cost shipments

Manufacturing, consumer goods lift India's July IIP growth to 3.5%

IIP growth rose to 3.5% in July from 1.5% in June, driven by manufacturing, construction and consumer durables, though mining remained weak and electricity showed modest gains

Enabling growth: Why structural reforms are needed in manufacturing

The deeper challenge lies in the sector's role in the economy. Despite years of policy attention, manufacturing contributes just 17% of gross domestic product and only about 12 per cent of jobs