Page 44 - Manufacturing

Best of BS Opinion: Course correction on vaccine, climate of treason & more

Here are the best of Business Standard's opinion pieces for Tuesday

Has India clinched the manufacturing deal?

The scheme to offer cash incentives for local manufacturing of solar equipment as well as batteries may require a few iterations to really click, or it may fly in the first round of bidding itself

Do not politicise GST Council: Finance Minister Nirmala Sitharaman

The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with further packages and interventions, says FM Sitharaman

Cabinet secy-led panel wants PLI scheme revamp to boost manufacturing

Suggests institutional mechanism, regular hand-holding for firms

Contract mfg, exports add to revenue visibility for Sumitomo Chemical

Revenue growth, higher share of specialty products to improve margins going ahead

World runs out of everything as a manufacturing drill 'goes too far'

Just In Time manufacturing delivers supplies to factories right as they are required, minimising the need to stockpile them

Manufacturing PMI slips to 50.8 in May, marking steepest fall in 10 months

Job loss accelerated as Covid-19 'crisis intensifies' in sector, says private survey

HFCL to participate in PLI for telecom, networking products manufacturing

HFCL supplies telecom equipment and fibre optics to most of the current Indian operators.

Prioritising expenditure

Govt must focus on providing relief to the needy at this point

LG converting smartphone production lines to manufacture home appliances

LG Electronics is fast converting its overseas smartphone manufacturing lines into facilities to make home appliances following its decision to withdraw from the mobile business

Top Headlines: GDP shrinks by 7.3%, fiscal deficit drops below target

GDP shrinks by 7.3 percent in FY 2020-21, Carlyle Group to acquire a controlling stake of over 50 per cent in PNB Housing Finance. Top news this morning.

As Delhi unlocks, manufacturers and realtors face severe roadblocks

Shortage of labour, lack of supply of materials pose hurdles to resuming operations

How to open up?

To know where to go, we must know where we are; a nation-wide seroprevalence study may cost one-hundredth of the GDP it can help save

Suppliers may be fined 10% if they fail to meet local content needs

DPIIT is considering changes in the current procurement norms to further increase the minimum local content requirement in public procurement tenders

US Senate eyes R&D Bill to counter China and bolster manufacturing

What started as a pragmatic effort to boost scientific research and development has morphed into a sweeping Senate Bill aimed at making the US more competitive with China and other countries

China's industrial profits growth slows in April amid high commodity prices

Profits at China's industrial firms rose 57% year-on-year in April to 768.63 billion yuan ($120.22 billion), down from 92.3% in March, data from the National Bureau of Statistics (NBS) showed

Saving people from disease better than shielding industry

Should the govt policy benefit a few manufacturers through protection from imports or a large number of people via easier access to cheaper devices that help reduce chances of contracting diseases?

Indian market demand for displays seen at $60 bn in 5 yrs: Report

Indian market demand for 'displays' over the next five years is projected to be cumulative USD 60 billion between 2021 and 2025

Apollo Tyres gets nod to re-start production at Kerala manufacturing plant

Apollo Tyres on Thursday said it has received permission from the authorities to re-start operations at its manufacturing plant at Perambra in Kerala from May 21. On May 17, the company had informed about the closure of plant till May 23, 2021, pursuant to directives issued by the District Government authority. "The local authority has now permitted the company to operate the plant with effect from May 21,2021," Apollo Tyres said in a regulatory filing. Accordingly, the operations of the plant shall be resumed from Friday (May 21) by adhering to the standard operating procedures/ guidelines for industrial units as prescribed by the authorities, it added.

IIP shoots up on low base, retail inflation eases to a three-month low

Economists say policy rate reduction unlikely