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Manufacturing

  • India

    Indian auto component makers will benefit from duty reduction on imports under India-UK FTA: Sunil Mittal

    by ANI July 25, 2025
    by ANI July 25, 2025

    The reduction in import duties on automobiles under the newly signed India-UK Free Trade Agreement (FTA) will ultimately benefit Indian auto component manufacturers according to Sunil Bharti Mittal, Chairman of …

  • Economy

    India’s Index of industrial production records growth of 5.0 pc in January

    by ANI March 12, 2025
    by ANI March 12, 2025

    India’s Index of Industrial Production (IIP), a measure of industrial output, recorded a growth of 5.0 per cent compared to the same month last year, as per the quick estimates …

  • India

    India to introduce new policies for toys, footwear manufacturing: Piyush Goyal

    by ANI February 13, 2025
    by ANI February 13, 2025

    Union Minister of Commerce and Industry, Piyush Goyal, announced that the government will soon introduce new policies to further promote the manufacturing of toys and footwear in India. The aim …

  • India

    PM Modi says India selling more than 2.5 cr cars every year, more than population of many countries

    by ANI January 17, 2025
    by ANI January 17, 2025

    Prime Minister Narendra Modi highlighted that India’s automotive sector is witnessing remarkable growth, with the country now selling over 2.5 crore cars annually, surpassing the population of many countries globally. …

  • India

    India’s PLI schemes drive Atmanirbhar Bharat vision with Rs1.97 lakh crore boost

    by ANI December 20, 2024
    by ANI December 20, 2024

    In a stride towards achieving self-reliance under the ‘Atmanirbhar Bharat’ vision, India’s Product-Linked Incentive (PLI) schemes have emerged as a transformative force in enhancing the nation’s manufacturing and export capabilities …

  • Economy

    Indian economy makes strong end to 2024; Composite PMI for December stands at 60.7

    by ANI December 16, 2024
    by ANI December 16, 2024

    The HSBC Flash India Composite Output Index, which tracks combined output across manufacturing and services, rose to 60.7 in December from 58.6 in November, signaling the strongest expansion since August …

  • Economy

    India’s industrial output likely rose by 3.7 pc in October on festive demand: Report

    by ANI December 9, 2024
    by ANI December 9, 2024

    India’s industrial production likely improved in October 2024, driven by festive demand, according to a report by Union Bank of India. The report highlighted that the Index of Industrial Production …

  • Economy

    India’s mining and construction equipment industry to expand by 70-80 pc in next 5 years: ICRA

    by ANI October 12, 2024
    by ANI October 12, 2024

    India’s mining and construction equipment (MCE) industry is poised for significant growth, with localisation levels expected to increase to 70-80 per cent in the next 5-7 years, highlighted ICRA in …

  • India

    “World looks up to India as a manufacturing destination”: Minister Piyush Goyal celebrates 10 years of “Make in India”

    by ANI September 25, 2024
    by ANI September 25, 2024

    On Wednesday the Union Government marked 10 years of the flagship “Make in India” scheme. Celebrating the schemes success, Union Minister of Commerce and Industry Piyush Goyal said that the …

  • India

    Ten years of ‘Make in India’, manufacturing jobs grew by 200 pc in last 2 years: Piyush Goyal

    by ANI September 25, 2024
    by ANI September 25, 2024

    On completing 10 years of the ‘Make in India’ initiative, Union Commerce and Industry minister Piyush Goyal highlighted that after the launch of the initiative, the imports of mobiles declined …

  • Economy

    Dabur to invest Rs 400 cr in Tamil Nadu to setup manufacturing facility

    by ANI August 22, 2024
    by ANI August 22, 2024

    Dabur a consumer goods company is set to make a Rs 400 cr investment in Tamil Nadu, marking its first manufacturing venture in South India. The company on Thursday signed …

  • Economy

    Employment, agricultural productivity, manufacturing among nine priorities outlined by government in Union Budget

    by ANI July 23, 2024
    by ANI July 23, 2024

    The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman on Tuesday identified nine priorities for generating ample opportunities. Presenting the Union Budget in the Lok Sabha, she said subsequent …

  • India

    India and Southeast Asia emerging as top manufacturing hubs: JLL

    by ANI May 30, 2024
    by ANI May 30, 2024

    India and Southeast Asia are emerging as top manufacturing hubs beyond China, driven by supply chain diversification, says a report by JLL, a commercial real estate and investment management company. …

  • Economy

    India’s growth in factory output yields ‘solid’ job creation

    by Mahua Venkatesh August 2, 2023
    by Mahua Venkatesh August 2, 2023

    India’s manufacturing sector continues to be robust. As India’s score stood at 57.7 on the S&P Global Purchasing Managers Index (PMI) for July, it marked the 25th straight monthly growth …

  • Economy

    Why China’s factory output is unlikely to break free anytime soon

    by Mahua Venkatesh July 3, 2023
    by Mahua Venkatesh July 3, 2023

    Pressure is mounting on Beijing to announce a fresh round of stimulus package to boost its economy amid patchy recovery in the all-important manufacturing sector which is weighing on the …

  • Economy

    India emerges global leader in Services Index ahead of China

    by Mahua Venkatesh May 5, 2023
    by Mahua Venkatesh May 5, 2023

    India has begun the new financial year on a positive note, registering healthy growth in both manufacturing and services sectors. With an S&P Purchasing Managers’ Index for the services sector …

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