Page 38 - Manufacturing

Omicron spread: Night curfews may affect services sector recovery

During the first wave of the pandemic in 2020, a contraction in the services sector was sharper than in manufacturing and took seven months to return to expansion territory.

Uttar Pradesh CM Adityanath proposes drone manufacturing unit in state

The chief minister proposed the drone manufacturing unit, given the importance of unmanned aircraft in various fields such as disaster relief, agriculture, and law and order, a spokesperson said

UP aiming to become semiconductor hub as India expects massive investment

The Yogi Adityanath government has promised to offer a slew of incentives and support to the companies and technology startups for setting up semiconductor units in the state

Green themes of 2022

Expect to see more local manufacturing announcements in 2022

Japan's Oct machinery orders rise for first time in 3 months: Govt data

World's third-largest economy is set to post a solid rebound this quarter after a larger-than-expected contraction in July-September.

Apple reportedly stopped assembly line for several days in October

Apple was forced to stop its assembly line for several days first time in more than 10 years due to supply chain limitations and China's ongoing power restriction in October.

Top headlines: Int'l flights not from Dec 15; Nov GST mop up at Rs 1.31 trn

Business Standard brings you the top stories on Wednesday

Factories facing supply headaches as Omicron variant risks emerge

Towards the end of the month, the newly-detected Omicron coronavirus variant emerged as a fresh worry for policymakers

Shakti Pumps makes foray into manufacturing of motors, chargers for EVs

Shakti Pumps India manufactures and supplies solar pumps and motorised pumps

VAV Life Sciences unit to reach 40% of global mRNA lipid capacity next yr

Firm expanding mRNA lipids capacity 10-fold, overall plant capacity by 6 times by June

Kennametal India posts over 2-fold jump in net profit to Rs 28 crore

KIL on Tuesday posted an over two-fold jump in its consolidated net profit

'Toyconomy': Has new regulation translated into growth for toy industry?

Fresh rules on product standards and a steep rise in basic customs duty have altered the dynamics of the industry but not necessarily to the benefit of small players

Mandaviya urges pharma industry to make India a manufacturing hub

Union Chemicals and Fertilisers Minister Mansukh Mandaviya on Wednesday urged the pharma industry to make India a manufacturing base as the country is a safe destination for investments. Addressing the Investor Summit on 'Opportunities & Partnerships in Pharma & Medical Devices', the minister spoke about the government's pro-industry reforms and efforts to make India the best investment destination in the world. "I would like to tell investors what PM Modi has already said. Please come and manufacture in India, set up industry here. The country provides a safe investment environment as you would find in your own countries," Mandaviya said in an online event. He noted that the government has been taking constant steps to enhance investments in the country and the global pharma industry should take benefit from it. There were no biases against people coming to invest from outside and everyone was treated equally, Mandaviya said, outlining the reasons for growth of the industry ..

Dixon CMD Interview: Sunil Vachani on how PLI scheme can be a gamechanger

In this exclusive interview, Dixon Technologies CMD Sunil Vachani talks about what his company wants to achieve through the PLI scheme, its planned investments and acquisitions, besides much else

Uttarakhand: As rains subside, manufacturing units of automakers resume ops

Will take some time to restore normalcy, say auto suppliers

PLI Scheme - How do production-linked incentive schemes work

How do performance-linked incentive schemes work? How do they spur production of goods? And how are the benefits passed on to manufacturers and consumers? Here's an explainer on PLI schemes

India will be among top 5 bio-manufacturing hubs by 2025: Jitendra Singh

India will be among the top five countries to be recognised as a global bio-manufacturing hub by 2025, Union minister Jitendra Singh said on Friday, noting that India's bio-economy is on way to achieve USD 150-billion target from the current USD 70 billion. He was speaking here after releasing the Genetic Version of Indian rice and chickpea (DNA panArray) developed by National Institute of Plant Genome Research (NIPGR). The Union Minister of State (Independent Charge) Science & Technology said India will be within the top five countries to be recognised as a Global Bio-manufacturing Hub by 2025. "India's Bio-Economy is on way to achieve 150-billion-dollar target from the current 70 billion-dollar to contribute effectively to the Prime Minister's vision of a 5 trillion-dollar economy by 2024-25," he said. Referring to Prime Minister Narendra Modi's 75th Independence Day Speech from the Red Fort, Singh said the roadmap for the next 25 years will be determined by scientific and ...

Factory activity improves in Sept but firms shed headcount: PMI survey

The recovery might continue for at least a few months, supported by ultra-easy monetary policy and continued fiscal spending

Organised sector weathers second Covid wave on job front: Labour survey

Among industries, employment generated by the construction sector rose by 42% and the manufacturing sector by 22%

Brisk Covid vaccination rate primes Indian economy for acceleration

Two of the eight high-frequency indicators tracked by Bloomberg News gained speed last month, while five held steady and one slowed