Union Budget 2026-27: FM Nirmala Sitharaman announced several new manufacturing schemes in the Budget 2026 to boost domestic production
Union Budget 2026 outlines a ₹10,000 crore scheme to build a globally competitive container manufacturing industry in India, while also supporting domestic production of construction and infrastructur
Behind dense language, the Economic Survey 2025-26 lays out five clear arguments on growth, risk, manufacturing, governance and why stability now matters as much as speed
The shipping traffic and factories never stop in China's port city of Ningbo, but the local housing market has crashed and nearby restaurants sit empty
The strongest performers were basic metals, which grew 12.7 per cent, motor vehicles, trailers and semi-trailers, which expanded 33.5 per cent, and pharmaceuticals, which recorded a 10.2 per cent rise
As the Union Budget nears, the focus must shift to debt, deficits, and borrowing from household savings, and how these choices affect private investment, manufacturing growth, and jobs
A quiet supply-chain reset is underway as travel habits change and indigenous brands gain support
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, ..
At Davos 2026, India moves from promise to partnership, positioning itself as a stable anchor for long-term global growth and investment
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 hit a record high in Q3 FY26, with 91% firms reporting stable or higher output, signalling strong demand and optimism across key sectors
Fundamentum-led Series A backs materials-science research, in-house IP and expansion of an Asia-wide manufacturing network
Malaysia jumps to second place; China stays on top
Rising costs, AI-led disruption and skill gaps challenge manufacturers, prompting industry calls for labour code rollout, digital skilling and stronger logistics support
Electronics & SemicIndia's electronics and semiconductor ambitions face hurdles such as high capital costs, talent gaps and weak value-chain presence
The architecture of a new industrial era is being shaped by sustained political leadership and long-term institutional thinking
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
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 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
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