Page 47 - Manufacturing

A decent Budget but big challenges remain

Budget assures double-digit growth in FY22, but does little for unemployment, inflation, foreign trade and medium-term growth

Best of BS Opinion: Kirana comes full circle, impact of PLI schemes & more

Here's a selection of Business Standard opinion pieces for the day

Manufacturing boost: PLI looks to succeed where older schemes failed

Pushing exports key to ensure scheme's viability, say experts

A pro-growth turn in government policy

The growth impact of PLI schemes could start showing up in FY22

Manufacturing plan for power and renewable energy equipment in works

The scheme titled 'Manuf­acturing Zones under Atmani­rbhar Bharat Package' in the Budget would entail setting up three manufacturing zones in a year

Tariff uncertainty

Tinkering with rates will put off investment and hurt exports

Manufacturing startup Zetwerk raises $120 mn to scale global operations

Its global network includes over 250 customers and more than 2,000 suppliers spread across 15 countries in North America, Asia-Pacific and West Asia

Budget in 2 minutes: 'Bad bank' gets nod, discoms to get funds & more

A new voluntary vehicle scrapping policy, to phase out old and unfit vehicles, is to be announced, to encourage fuel-efficient, environment-friendly vehicles

Budget 2021: Customs duty hike to make electronics items more expensive

In the Budget for 2021-22, finance minister Nirmala Sitharaman introduced higher import duty rates on over a dozen handset and automobile components.

Make in America

Joe Biden's executive order raises concerns

Biden signs 'Buy American' order, vows to strengthen manufacturing sector

Biden reiterated plans announced on the campaign trail to replace the fleet of federal cars with U.S.-made electric vehicles

Govt may announce formulation of policy for toys sector in Budget

Quality control order is one of the ways to stop flow of cheap sub-standard toys into the domestic market.

Manufacturing might or services - what will steer India's future economy?

We must acknowledge that India cannot replicate the export orientation of the East Asian manufacturing story, or even Bangladesh. The services story will have to compensate for this, writes T N Ninan

Companies call for demand creation and income tax relief in Budget

Only 28 per cent in Ficci survey are for fiscal consolidation

Apple supplier Pegatron Corporation leases 500,000 sq ft in Tamil Nadu

Pegatron will be the second contract manufacturer to assemble Apple iPhones in Tamil Nadu, after Foxconn

Tata Capital's PE fund raises Rs 1,250 cr to invest in urbanisation, others

The areas include manufacturing

Labour turns to agri, construction as manufacturing fails to create jobs

Manufacturing accounted for 40 million jobs in 2019-20. In the first quarter this dropped to 24.6 million, implying a loss of over 15 million manufacturing jobs

Sequoia-backed Drip Capital finances over $1 bn cross-border trade

As economies have opened up, Drip has witnessed over 50% quarter on quarter growth in the last three quarters

After Oct surge, IIP again contracts by 2% in Nov despite festive season

Economists call for continuation of stimulus package in Budget

The long-term growth opportunity 2021 presents

The digital super cycle will encompass progress in all areas and will accelerate further on advancements in machine learning and artificial intelligence