Page 5 - Manufacturing

China's private factory gauge unexpectedly returns to growth in August

The RatingDog China General Manufacturing Purchasing Managers' Index rose to 50.5 from 49.5 in July

China's manufacturing activity shrinks for fifth straight month in August

The official purchasing managers' index (PMI) rose to 49.4 in August versus 49.3 in July, remaining below the 50-mark

Hitachi Energy to invest ₹300 crore to expand transformer material plant

Hitachi Energy India Ltd on Friday announced an investment of Rs 300 crore to enhance the manufacturing capability of high-quality transformer insulation materials in order to cater to the rising demand. In transformers, high-quality insulation material acts as a proactive barrier, keeping the flow of electricity safe and preventing internal short circuits. The investment is part of company's overall investment of Rs 2,000 crore for India announced in October 2024, Hitachi Energy India said in a statement. The company said the latest investment of Rs 300 crore in its insulation and components business will expand the manufacturing facility in Mysuru, Karnataka. The expansion will double the facility's capacity to produce EHV (extra-high voltage) class high-quality pressboard and laminated board, a vital insulation material used in power and distribution transformers. As part of the expansion, Hitachi Energy India will replace the fossil fuel boiler, making its Mysuru site an ultra

India's tablet market dips 32.3% in first half of 2025, Samsung tops chart

India's tablet PC market declined by 32.3 per cent to 2.15 million units in the first half of 2025 due to reduction in government funded manifesto programme, market research firm IDC said in a report on Thursday. Despite a dip in shipments, Samsung led the market with 41.3 per cent share, followed by Lenovo with 12.3 per cent and Apple with 11.8 per cent market share, according to International Data Corporation's (IDC) Worldwide Quarterly Personal Computing Device Tracker. "India's tablet market (including both detachable and slate tablets) shipped 2.15 million units in the first half of 2025 (1H25), marking a 32.2 per cent year-over-year (YoY) decline. The market experienced a deeper contraction in 2Q25, with shipments down 42.1 per cent YoY, following an 18.4 per cent YoY decline in the first quarter of 2025," the report said. The detachable tablet segment grew by 18.9 per cent YoY, the slate tablet category declined sharply by 44.4 per cent YoY, pulling down overall volumes. "Th

Govt commits 97% of chip manufacturing fund, scope for new projects

The government has committed around Rs 62,900 crore, or 97 per cent, of the Rs 65,000 crore fund earmarked as incentives for semiconductor production in the country, a top official said on Friday. While briefing on the Semicon India 2025 event, Electronics and IT Secretary S Krishnan said the funds left can accommodate only small projects. He said that under the Rs 76,000 crore India Semiconductor Mission, Rs 65,000 crore was allocated for chip production, Rs 10,000 crore for the modernisation of the Semiconductor Laboratory in Mohali and Rs 1,000 crore for the design-linked incentive scheme. "Out of this Rs 65,000 crore, I think we have committed close to Rs 62,900 crore or so already. We have limited funding, which we have available; we might be able to just accommodate two or three small projects," Krishnan said. Talking about the Semicon India event, he said that the three-day event will be held from September 2-4 at Yashobhoomi in the national capital, which is expected to be

India can leapfrog in global manufacturing with innovation: Report

India's manufacturing sector has a rare opportunity to leapfrog global incumbents by moving beyond low-cost production to an innovation-led model, according to Accel's advanced manufacturing report 2025 released on Thursday. Precision engineering, aerospace, EV components, semiconductors, robotics, and advanced materials are sunrise sectors where India can take a leadership position, provided policy, capital, and talent align, states the report by the global venture capital firm. The report was unveiled at Accel's Advanced Manufacturing Summit in New Delhi, an event that brought together policymakers, founders, and investors to chart India's industrial future. It concluded that India's manufacturing sector has a rare opportunity to leapfrog global incumbents by going beyond low-cost production to an innovation-led model. This is India's once-in-a-generation window," noted Prashanth Prakash, partner at Accel. The winners will be those who can integrate policy momentum, deep-tech ..

How advanced manufacturing can define India's global manufacturing rise

India's rise in global manufacturing will be driven by innovation-first businesses, policy alignment, and closing the talent gap

Boult becomes GoBoult, aiming for ₹1K cr sales and international expansion

Boult rebrands as GoBoult with an aim to target premium categories in wearables and hearables. The company plans international expansion and an IPO, despite production challenges

Industry optimistic about low, if not zero, tariff on electronics exports

The sobering news is that Cupertino-based Apple Inc, which assembles the iPhone in India, has already ensured that bulk of its semiconductor requirement came from non-Chinese sources

Samsung's PLI journey ends. Will India's production incentive boom hold?

Samsung has completed its PLI cycle, claiming ₹1,000-1,200 crore in FY25. With payouts ending, India must evaluate whether the scheme builds lasting manufacturing ecosystems

Wipro Infrastructure sets up new business division; to invest ₹500 crore

Engineering and manufacturing solutions provider Wipro Infrastructure Engineering (WIN) on Monday announced the launch of a new business division dedicated to manufacturing high-performance base materials for Printed Circuit Boards (PCBs). As part of the new division Wipro Electronic Materials, the company is establishing a Copper Clad Laminate (CCL) manufacturing facility in Karnataka, with an investment of approximately Rs 500 crore, which will create around 350 jobs. The manufacturing plant will produce over 6 million sheets of copper-clad laminates and corresponding pre-impregnated materials, according to a company statement. "Wipro Electronic Materials marks a first-of-its-kind investment in India's electronics manufacturing landscape, made possible through the timely support of the Government of Karnataka and MeitY. "By giving Indian manufacturers reliable access to locally produced, high-quality materials, we are strengthening supply chain resilience and accelerating global

Intel cutting more jobs as CEO Tan tries to fix manufacturing missteps

The job cuts - a majority of which have been completed already - are part of an effort by Tan since he took the helm in March to turn around the storied U.S. chipmaker

Can mobile PLI scheme's winning model be replicated across other sectors?

An agile government-private partnership has proved a win-win for the mobile PLI scheme

Bosch plans to double India exports by 2030 and beyond: Guruprasad Mudlapur

Guruprasad Mudlapur, president of the Bosch group in India and managing director (MD) of Bosch Ltd, talks about the company's strategy and challenges in India

Titagarh Rail acquires 40 acres of land for ₹126 cr in Bengal for expansion

Titagarh Rail Systems Ltd has acquired 40 acres of land in West Bengal for ₹126 crore to expand production capabilities for Vande Bharat and metro coaches.

Anthem Biosciences expands manufacturing capacity ahead of ₹3,395-cr IPO

CRDMO firm Anthem Biosciences expands peptide and API production, with Unit 4 under development, as it prepares for a Rs 3,395-crore IPO opening on July 14

Drone can boost India's manufacturing potential to $23 bn by 2030: Report

Buoyed by rising demand from sectors like defence, agriculture, logistics, and infrastructure, the drone industry is expected to boost the country's manufacturing potential to USD 23 billion by 2030, says a report. As drones emerge as a key component of modern warfare strategies, India's Operation Sindoor in the wake of the Pahalgam terror attack has marked a notable shift in the country's adoption of drones, the report by Nexgen said. The report, based on a survey of 150 companies from 15 cities, revealed that 40 per cent of drone companies believe that agriculture and precision farming are anticipated to drive the largest demand for drones in India by 2030, following the defence sector. Estimates suggest the global agricultural drones market size will reach USD 5.89 billion by 2030. In its endeavour to further support this momentum, Delhi is hosting the largest Drone International Expo 2025, scheduled for July 31 to August 1, 2025. Organised by Nexgen Exhibitions, the Drone ...

Borosil Renewables to wind up German unit, focus on Indian solar glass

Borosil Renewables has filed an application to wind up operations of German subsidiary to sharpen focus on Indian solar glass market with immense potential. In a regulatory filing, Borosil Renewables Ltd said its material step-down subsidiary in Germany, GMB Glasmanufaktur Brandenburg GmbH, has filed an application for the commencement of insolvency proceedings before the Insolvency Court at Cottbus, Germany, in accordance with the German Insolvency Code (InsO). This decision was reached after a comprehensive assessment of market conditions, financial viability, and long-term strategic priorities. "The challenges for GMB began with slide in demand for German made solar panels, when faced with the precipitous drop in prices by Chinese manufacturers of solar panels, who have engaged in large scale dumping in the European market, using predatory pricing. "Despite the alarms sounded by the German solar module manufacturers seeking protection against such dumping, policy responses to da

Electronics makers face fresh blow from import curb on gold compounds

India's electronics manufacturing sector, which has been struggling with China's restrictions on rare earth magnet exports, faces a double whammy with import curbs on gold compound -- a key raw material. Rare earth magnets have diverse utility ranging from computer chips and electronic components to electric vehicles, wind turbines, and medical equipment. Gold compounds are also widely used in critical electronic components to improve flow of electric current in motherboards, semiconductors etc. The Directorate General of Foreign Trade (DGFT) in an order dated June 17 reclassified imports of colloidal precious metals and compounds from "free" to "restricted" category. The development followed restrictions from China on export of rare earth magnets and specialized capital goods. India Cellular and Electronics Association (ICEA) in a letter to the Ministry of Electronics and IT said that the import restriction has brought in uncertainty in the efforts of industry to scale up domesti

Japan's Seiko Epson Corp launches first manufacturing facility in India

Epson India recorded a turnover of over ₹2,500 crore in FY25 and is projecting over ₹2,900 crore for the current fiscal