Page 9 - Manufacturing

Apple supplier Hon Hai commits $1.5 bn to India as iPhone exports soar

Hon Hai (Foxconn) is investing $1.5 billion in its India unit as Apple ramps up iPhone production outside China. The move highlights Apple's growing shift toward India amid global supply chain changes

India's manufacturing sector more attractive to global investors: S&P

India has made progress in making its manufacturing sector more attractive to global investors, and ongoing changes in international trade policy would benefit India in the long run, a S&P Global study said on Monday. S&P Global India Research Chapter's study, titled 'India Forward: Transformative Perspectives', said that as economies adapt to evolving trade dynamics and tariff challenges, India can capitalise on this momentum for accelerated manufacturing growth and greater global supply-chain integration. A strategic shift towards local sourcing, proximity to end-markets, and enhanced regional integration should attract additional investment to the sector, accelerating India's technological advancement and manufacturing competitiveness and creating additional high-quality manufacturing jobs, it said. "Beyond the near-term, changes in global trade policy would catalyse supply-chain diversification, to the benefit of India," it added. The study said India has made "notable ...

Japan's Renesas to design 3 nm semiconductor chips end-to-end in India

Renesas inaugurates R&D centres in Noida and Bengaluru; to become first company designing 3 nm chips end-to-end in India, signs MoU to support 270 colleges

Bombay Dyeing Q4 results: Profit falls 83% to Rs 11.54 cr, revenue dips 12%

Bombay Dyeing & Manufacturing Co Ltd on Monday reported a decline of 82.6 per cent in its consolidated profit at Rs 11.54 crore in the fourth quarter ended March 2025. The company had posted a net profit of Rs 66.46 crore in the January-March quarter a year ago, according to a regulatory filing from Bombay Dyeing & Manufacturing Co Ltd. Its total income was down 12.42 per cent to Rs 395.47 crore in the March quarter. It was at Rs 451.58 crore in the corresponding quarter a year ago. Total expenses of Bombay Dyeing were at Rs 382.78 in the March quarter. For the financial year ended March 2025, Bombay Dyeing's net profit was down 83.4 per cent to Rs 490.16 crore. It was at Rs 2,948.63 crore a year ago, exceptionally high due to sales of land parcels. In FY25, Bombay Dyeing's total income was down 3.72 per cent to Rs 1,732.34 crore. Meanwhile, in a separate filing, Bombay Dyeing informed its board in a meeting held on Monday recommended the final dividend of 60 per cent for ...

India's April factory activity reaches 10-month high, exports surge

HSBC India Manufacturing PMI rose to 58.2 in April from 58.1 in March, driven by solid expansion in new orders, job creation, and export demand despite rising prices

Uncertainty could hit pvt sector capital formation: FinMin economic review

While highlighting that uncertainties stemming from global developments are a risk for the growth outlook for FY26, the finance ministry said

NSO signals pvt capex lull in FY26; manufacturing investments may zoom 40%

'Information and communication' are reporting a capex dip to ₹1.09 trillion in FY26 from ₹1.5 trillion in FY25

Why is Apple choosing India over China?

Apple is planning to manufacture all iPhones sold in the US in India as early as next year, pivoting away from China. Why is that? Watch the video to find out

UP to promote manufacturing, preparing policy for Rs 5 trn annual exports

Policy expected to provide Rs 10 crore as capital subsidy to investors: Official

Ericsson Antenna System expands local manufacturing footprint in India

The tie-up with VVDN Technologies plans to fully localise passive antenna production in India by June

Tata Elxsi inks €50 million multi-year deal with Europe-based auto company

As part of this collaboration, Tata Elxsi will establish a dedicated Global Engineering Centre to support the customer's software platform roadmap and brand-aligned software engineering programmes

PLI for mobiles must extend beyond FY26: Bhagwati Products cofounder

Bhagwati Products targets ₹12,000 cr revenue in FY26

Shein, Reliance renegotiate partnership as China-US trade tensions grow

Chinese authorities have stepped in to retain domestic manufacturing as the Trump administration looks to encourage business to shift the US

Why does Apple still manufacture in China? Old video of Tim Cook explains

"It's not cheap labour," Apple CEO Cook said in a 2017 interview to Fortune Magazine, adding that China's strength lies in its pool of skilled tooling engineers and manufacturing precision

Chhattisgarh CM lays foundation stone for semiconductor manufacturing unit

The state government inked an Invitation to Invest with the company during the Chhattisgarh Investor Connect in December 2024 in New Delhi

Why India must end its Inspector Raj to compete in global manufacturing

From factories to e-commerce warehouses, overzealous quality checks are choking trade and killing jobs-India must dismantle this outdated system to stay competitive

Rs 23K crore electronics PLI scheme set to be rolled out in 3 weeks

The scheme is likely to be operationalised in the next 2-3 weeks

Gujarat committed to becoming EV manufacturing hub, says CM Patel

Gujarat is committed to electric mobility and becoming a manufacturing hub for electric vehicles and ancillary equipment, Chief Minister Bhupendra Patel said on Saturday. The state has seen registration of over 2.64 lakh electric vehicles, while 800 e-buses are operating, he added. Addressing a gathering after inaugurating the EV manufacturing plant of Matter Energy at Changodar near here, Patel said green growth and EVs are the ways to reduce carbon footprint and face the challenge posed by climate change. "To create green growth environment, the government has encouraged e-mobility and made 800 e-buses operational in Gujarat. Due to encouragement given to EV, its use has increased in Gujarat. The state has seen registration of 2.64 lakh EVs, and we are also increasing EV charging infrastructure," he said. Talking about the EV Policy-2021 and the Atmanirbhar Gujarat Scheme, the CM expressed his resolve to build a 'Green, Clean, Eco-Friendly Gujarat'. The Gujarat State Electric ..

Govt tightens steel procurement rules to favour domestic manufacturing

The new rules under the "Domestically Manufactured Iron And Steel Products Policy 2025" mandates all agencies under government to prioritise locally manufactured iron and steel products

Apollo Tyres appoints Rajeev Kumar Sinha as Chief Manufacturing Officer

Apollo Tyres Ltd on Wednesday announced the appointment of Rajeev Kumar Sinha as its Chief Manufacturing Officer. Sinha will lead the global manufacturing team, driving the global manufacturing agenda, including strategy and planning, performance optimisation, plant management, integrated manufacturing services, corporate industrial engineering and deployment of advanced manufacturing systems, including AI/ML solutions, Apollo Tyres said in a statement. He joins Apollo Tyres from Cipla where he was the Global Chief Manufacturing Officer and was also a member of its Management Council and Non-Executive Director in select group companies, it added. "Rajeev is a global manufacturing leader who comes with over 35 years of rich experience in the operations and supply chain domain across diverse industries such as chemical, FMCG, foods & beverages and pharmaceuticals. "He will play a critical role not only in our growth journey but also in maintaining our competitive advantage. He joins