Page 41 - Manufacturing

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

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