Page 58 - Manufacturing

Coronavirus outbreak: Govt to fast-track manufacturing of tech goods

Cabinet likely to take up new scheme for consideration soon

Davos 2020: Tariff wars now the new norm, disrupting global value chains

Tariff wars are among the three serious challenges to global trade.

Danfoss invests Rs 118 cr to set up mobile hydraulics plant in Pune

The company's Indian subsidiary Danfoss Power Solutions will be manufacturing products like electronic controls, pumps and valves, motors, sensors and transmitters, among others in this facility

Panasonic Life to invest Rs 600 crore for electrical equipment near Chennai

The plant will start work by October 2021, becoming Panasonic's eighth electrical equipment production base in India.

To tackle inequality, need to create jobs with reasonable income: Murthy

These USD 500 per year translates into around USD 1.5 per day or Rs 100 per day, in which these people have to eat, take care of health, educate their children and pay rent, among others, Murthy said

US health regulator sends stern letter to GPT Pharma about Hyderabad plant

The company has 15 working days to explain to the Food and Drug Administration how it has improved manufacturing standards.

SriCity emerges as prime manufacturing location, attract Rs 2236 cr in 2019

Ahead of 2020, eleven companies have kicked off the construction of their plants, while six others entered into the operational phase

Manufacturing activity improves in Nov, but firms cut operating costs, jobs

However, the upturn remaining subdued compared to earlier, growth rates for new orders and production remained modest

China's manufacturing returns to growth in Nov as stimulus measures pay off

But gains were slight, and export demand remained sluggish

Manufacturing contracts for first time in 2 yrs, pulls down GDP to 6-yr low

This is the second contraction in the sector on a quarterly basis in the past eight years - since the new GDP series started in 2012-13

4.5% GDP growth rate unacceptable, worrisome: Former PM Manmohan Singh

He said the "toxic combination of deep distrust, pervasive fear and a sense of hopelessness in our society" is stifling economic activity and growth

Slow Q2 GDP growth: Weak credit, manufacturing need fixing, say experts

The rate of economic expansion was the lowest in more than six years; it slipped from 5 per cent in Q1 this year and 7.1 per cent in Q2 of FY19

Manufacturing to meet 58% of durables demand by FY25 despite bumps: Report

The growing middle class and a youth-driven economy will further increase penetration of white goods in local households and have potential to open up 150,000 additional jobs by 2024-25

Odd decisions and the consequences

What caused the ministry to deny the drawback at AIR for deemed export in 2013? And, what has now happened in 2019 to restore the benefit with retrospective effect? The reasons are far from obvious

Govt working on policies to push MSME exports, local production: Gadkari

He further said that secondly, the government is working on policy to increase indigenous production of products that are being imported

Oct wholesale inflation at 40-month low of 0.16% on cheaper non-food items

The previous low was in June 2016, when inflation was negative 0.1 per cent. Deflationary pressure on manufactured product prices

Industrial output sees steepest fall in 8 years, shrinks 4.3% in September

September saw the slowdown in the manufacturing sector - which accounts for 78 per cent of the index

Elevator maker KONE inaugurates new manufacturing facility near Chennai

The Rs 450-cr unit will employ around 600 people; Firm will also be exporting to Nepal, Bhutan, Bangladesh and Sri Lanka

Industrial production drops by 1.1% in Aug, dragged down by manufacturing

The Index of Industrial Production (IIP) had expanded by 4.8 per cent in August 2018.

Vietnam's gain: Why factories leaving China aren't coming to South Asia

The fantasy that India might somehow "leapfrog" from a rural, agriculture-heavy economy straight to a services-based economy is wrong.