Page 39 - Manufacturing

China's high-tech push seeks to reassert global factory dominance

TIANJIN, China (Reuters) - At a factory in China's north, workers are busy testing an automated vehicle designed to move bulky items around industrial spaces, one of a new generation of robots Beijing wants to shift the country's manufacturing up the value chain.

Union Cabinet clears PLI scheme to make India a drone hub by 2030

The PLI scheme will provide up to 20% incentive to manufacturers of drones and drone components

Ola Electric's Futurefactory to be run entirely by as many as 10,000 women

This will make it the world's largest women-only factory and the only all-women automotive manufacturing facility globally

Q2 manufacturing outlook seen improving, cost of biz a worry: Ficci Survey

Percentage of respondents reporting higher production in the second quarter of 2021-22 (July-September) was much above the 50% mark, at about 61%

Supply-side policies failed, switch to demand stimulation: Bengal FM

Amit Mitra has written to Nirmala Sitharaman, urging her to take measures to increase demand in the economy as the supply-side policies have 'failed' to boost the manufacturing sector

IIP growth in July declines to 11.5% despite easing of Covid-19 curbs

However, most segments are back to pre-pandemic levels, offering a ray of hope

Three stories make a trend

'Make in India as it stands has been a failure', says the author

India's industrial sector grows, manufacturers continue to struggle

Their revenue share in listed space declined to record low of 27.2% in Q1FY22

Listed private mfg firms' sales soar 75% in Q1 on low base: RBI data

Sales of 1,647 listed private manufacturing companies recorded "extraordinarily high" growth of 75% in the first quarter of FY'22 mainly due to a very low base in the pandemic-hit year-ago period

'Made in India' iPhones make Apple's 70% domestic market sales

According to sources in the know, Apple value addition in the country for mobile devices currently was around 15 per cent

GDP: The base matters but it is not the only thing that matters

Economic recovery is taking place: you can argue over its pace but denying it altogether is being wilfully blind.

Q1 GDP more of a statistic rather than a reflection of the state of economy

These growth numbers will moderate going ahead, as the base effect becomes weaker provided there are no further lockdowns

The world economy's supply chain problem keeps getting worse

Manufacturers reeling from shortages of key components and higher raw material and energy costs are being forced into bidding wars to get space on vessels, pushing freight rates to records

Manufacturing firms list green goals; environmentalists say more needed

Tata Power was the first power company to declare a net-zero target for itself

Garware Technical Fibres Q1 profit after tax up 80.6% at Rs 31.9 crore

Technical textiles manufacturer Garware Technical Fibres, formerly Garware-Wall Ropes, on Thursday posted an 80.6 per cent growth in profit after tax at Rs 31.9 crore during the quarter

You won't see Teslas in India anytime soon: Elon Musk will tell you why

The country's age-old, protectionist instincts have kept out international auto companies for decades.

The 150-year trend that could help

Commercialisation of leisure could be the solution to many economic problems

US manufacturing increased in July amidst supply-chain problems

Growth in US manufacturing slowed in July amid ongoing supply-chain problems.

Hitachi 'reimagining' India as global hub for new age tech solutions

Hitachi is "reimagining" India as a global hub in terms of new age technologies and solutions which will drive its businesses in the country as well as global markets, a top company official has said.

India's economic recovery stumbles, setting stage for sustained low rates

A contraction in India's services sector deepened as localized curbs to control the virus spread hurt consumer demand and business activity