Page 2 - Manufacturing

Food prices drive WPI inflation to 4-month high of 0.52% in August

Primary food articles recorded a reduced deflation in August, led by an acceleration in the prices of wheat, milk and protein-rich items like egg, meat & fish

No interest on capital goods cleared into DTA after use in bonded warehouse

Manufacturing in bonded warehouses is covered under Section 65 of the Customs Act, 1962 (CA 62) and Manufacture and Other Operations in Warehouse (No. 2) Regulations, 2019 (MOOWR)

India's manufacturing future bright; policy stability key: Maruti Suzuki

The next many decades belong to India as the global economic powerhouse, and it will be essential to continue demonstrating policy stability, as the country aspires to be the world's manufacturing hub, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Friday. Amid a turbulent global geopolitical and economic period, lies an extraordinary opportunity for India to position itself as a trusted, resilient, and sustainable manufacturing hub, he said while speaking at the annual convention of the Automotive Component Manufacturers Association of India (ACMA). "When we look back at history, every few decades a new nation rises as an economic powerhouse," he said, citing examples of how the US, Europe, Japan and Asian Tigers (Hong Kong, Singapore, South Korea, and Taiwan) have had their moments spanning from the early to the late 20th century. "The last three decades have belonged to China, as it became the factory of the world. And now, the next many decades belong to India," Takeuch

Reliance Consumer to invest ₹1,500 crore in Nagpur food unit by 2026

FMCG firm Reliance Consumer Products Ltd (RCPL) will invest over Rs 1,500 crore to set up an integrated facility for food products & beverages at Katol in Maharashtra. RCPL, the FMCG arm of billionaire Mukesh Ambani-led Reliance Industries, has signed a Memorandum of Understanding (MoU) with the Maharashtra government to set up the unit in Nagpur. The unit will provide direct employment to more than 500 people, according to a video posted on the social media account of Maharashtra Chief Minister Devendra Fadnavis. The proposed manufacturing unit will commence manufacturing in 2026. As per the agreement, the state government will facilitate RCPL to obtain necessary approvals, clearances and financial incentives. In its annual general meeting last month, Reliance had announced that it "will invest Rs 40,000 crore (USD 4.7 billion) to create Asia's largest integrated food parks with AI-driven automation, robotics, and sustainable technologies, securing lasting cost leadership. RCPL,

Iron Pillar bets on manufacturing revival, AI disruption amid trade war

Iron Pillar sees manufacturing and AI as India's next big opportunities, citing global trade tensions, supply chain shifts and the need for industrial self-reliance

If OEMs pass on benefits, freight costs may go down: Transporters

According to Singal and several other truck operators, the road logistics sector is so competitive that passing on benefits is really quick

Govt may line up four schemes to soften Donald Trump's tariff blow

Cabinet likely to take up proposal on Wednesday

Tyre maker Ceat expects Camso integration to boost its topline by 10-15%

Tyre maker Ceat on Tuesday said it expects the Camso brand integration with itself to give a 10-15 per cent boost to its topline. The Mumbai-headquartered firm reported revenue of Rs 13,218 crore for FY25. Last December, Ceat entered into a definitive agreement with Michelin to acquire its Camso brand's off-highway construction equipment bias tyres and tracks business for about USD 225 million. Ceat is currently in the process of integrating Camso with itself. "Once we integrate it fully across the supply chain, the immediate topline impact could be 10-15 per cent. The bottom line impact in terms of margin accretion, etc, would take some time to kick in about four to six quarters," Ceat MD and CEO Arnab Banerjee said in a virtual press conference. The company expects the deal to be overall margin accretive for it, he added. The Camso acquisition, according to the tyre maker, is significant for its ambition to become a leading global player in the high-margin off-highway tyres (OH

At 59.3, manufacturing PMI rises to nearly 18-year high in August

Improvements in demand continued to underpin robust increases in factory orders and production

China's private factory gauge unexpectedly returns to growth in August

The RatingDog China General Manufacturing Purchasing Managers' Index rose to 50.5 from 49.5 in July

China's manufacturing activity shrinks for fifth straight month in August

The official purchasing managers' index (PMI) rose to 49.4 in August versus 49.3 in July, remaining below the 50-mark

Hitachi Energy to invest ₹300 crore to expand transformer material plant

Hitachi Energy India Ltd on Friday announced an investment of Rs 300 crore to enhance the manufacturing capability of high-quality transformer insulation materials in order to cater to the rising demand. In transformers, high-quality insulation material acts as a proactive barrier, keeping the flow of electricity safe and preventing internal short circuits. The investment is part of company's overall investment of Rs 2,000 crore for India announced in October 2024, Hitachi Energy India said in a statement. The company said the latest investment of Rs 300 crore in its insulation and components business will expand the manufacturing facility in Mysuru, Karnataka. The expansion will double the facility's capacity to produce EHV (extra-high voltage) class high-quality pressboard and laminated board, a vital insulation material used in power and distribution transformers. As part of the expansion, Hitachi Energy India will replace the fossil fuel boiler, making its Mysuru site an ultra

India's tablet market dips 32.3% in first half of 2025, Samsung tops chart

India's tablet PC market declined by 32.3 per cent to 2.15 million units in the first half of 2025 due to reduction in government funded manifesto programme, market research firm IDC said in a report on Thursday. Despite a dip in shipments, Samsung led the market with 41.3 per cent share, followed by Lenovo with 12.3 per cent and Apple with 11.8 per cent market share, according to International Data Corporation's (IDC) Worldwide Quarterly Personal Computing Device Tracker. "India's tablet market (including both detachable and slate tablets) shipped 2.15 million units in the first half of 2025 (1H25), marking a 32.2 per cent year-over-year (YoY) decline. The market experienced a deeper contraction in 2Q25, with shipments down 42.1 per cent YoY, following an 18.4 per cent YoY decline in the first quarter of 2025," the report said. The detachable tablet segment grew by 18.9 per cent YoY, the slate tablet category declined sharply by 44.4 per cent YoY, pulling down overall volumes. "Th

Govt commits 97% of chip manufacturing fund, scope for new projects

The government has committed around Rs 62,900 crore, or 97 per cent, of the Rs 65,000 crore fund earmarked as incentives for semiconductor production in the country, a top official said on Friday. While briefing on the Semicon India 2025 event, Electronics and IT Secretary S Krishnan said the funds left can accommodate only small projects. He said that under the Rs 76,000 crore India Semiconductor Mission, Rs 65,000 crore was allocated for chip production, Rs 10,000 crore for the modernisation of the Semiconductor Laboratory in Mohali and Rs 1,000 crore for the design-linked incentive scheme. "Out of this Rs 65,000 crore, I think we have committed close to Rs 62,900 crore or so already. We have limited funding, which we have available; we might be able to just accommodate two or three small projects," Krishnan said. Talking about the Semicon India event, he said that the three-day event will be held from September 2-4 at Yashobhoomi in the national capital, which is expected to be

India can leapfrog in global manufacturing with innovation: Report

India's manufacturing sector has a rare opportunity to leapfrog global incumbents by moving beyond low-cost production to an innovation-led model, according to Accel's advanced manufacturing report 2025 released on Thursday. Precision engineering, aerospace, EV components, semiconductors, robotics, and advanced materials are sunrise sectors where India can take a leadership position, provided policy, capital, and talent align, states the report by the global venture capital firm. The report was unveiled at Accel's Advanced Manufacturing Summit in New Delhi, an event that brought together policymakers, founders, and investors to chart India's industrial future. It concluded that India's manufacturing sector has a rare opportunity to leapfrog global incumbents by going beyond low-cost production to an innovation-led model. This is India's once-in-a-generation window," noted Prashanth Prakash, partner at Accel. The winners will be those who can integrate policy momentum, deep-tech ..

How advanced manufacturing can define India's global manufacturing rise

India's rise in global manufacturing will be driven by innovation-first businesses, policy alignment, and closing the talent gap

Boult becomes GoBoult, aiming for ₹1K cr sales and international expansion

Boult rebrands as GoBoult with an aim to target premium categories in wearables and hearables. The company plans international expansion and an IPO, despite production challenges

Industry optimistic about low, if not zero, tariff on electronics exports

The sobering news is that Cupertino-based Apple Inc, which assembles the iPhone in India, has already ensured that bulk of its semiconductor requirement came from non-Chinese sources

Samsung's PLI journey ends. Will India's production incentive boom hold?

Samsung has completed its PLI cycle, claiming ₹1,000-1,200 crore in FY25. With payouts ending, India must evaluate whether the scheme builds lasting manufacturing ecosystems

Wipro Infrastructure sets up new business division; to invest ₹500 crore

Engineering and manufacturing solutions provider Wipro Infrastructure Engineering (WIN) on Monday announced the launch of a new business division dedicated to manufacturing high-performance base materials for Printed Circuit Boards (PCBs). As part of the new division Wipro Electronic Materials, the company is establishing a Copper Clad Laminate (CCL) manufacturing facility in Karnataka, with an investment of approximately Rs 500 crore, which will create around 350 jobs. The manufacturing plant will produce over 6 million sheets of copper-clad laminates and corresponding pre-impregnated materials, according to a company statement. "Wipro Electronic Materials marks a first-of-its-kind investment in India's electronics manufacturing landscape, made possible through the timely support of the Government of Karnataka and MeitY. "By giving Indian manufacturers reliable access to locally produced, high-quality materials, we are strengthening supply chain resilience and accelerating global