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"manufacturing"

  • Joao Rui Ferreira sees huge scope for India-Portugal economic partnership

    Joao Rui Ferreira said India and Portugal can deepen economic ties in renewable energy, manufacturing, startups and infrastructure. He highlighted Portugal’s expertise, strong digital ecosystem and gateway access to Europe as major opportunities for Indian businesses and investors
  • Scindia announces Rs 2,500 crore defence plant of Adani in MP

    Union Minister Jyotiraditya Scindia announced a ₹2,500 crore defence manufacturing plant by Adani Group in Kolaras, Madhya Pradesh, expected to create 2,000 jobs and boost industrial growth while strengthening India’s defence production capabilities
  • India’s growth driven by reforms, tech, security: Kwatra

    India’s ambassador to the US Vinay Mohan Kwatra said India’s transformation is driven by strong economic growth, governance reforms, digital and physical infrastructure, and technological innovation. He highlighted deepening India–US ties and India’s goal of becoming a developed nation by 2047
  • BirlaNu to set up Rs 127 crore fibre cement board plant in Andhra Pradesh

    BirlaNu has announced a greenfield fibre cement board plant in Andhra Pradesh’s Nellore district, with an initial investment of Rs 127 crore. The first phase will create nearly 600 jobs, while future expansion includes PVC pipes, fittings and construction chemical units
  • Naidu opens five units in Sri City, approves major investments at CII summit

    Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated five industrial units in Sri City and approved 12 additional projects worth over ₹2,300 crore at the CII Partnership Summit. The new investments across key sectors are expected to generate more than 12,000 job
  • Govt launches 3rd round of PLI scheme for speciality steel to attract investment

    The government launched the third round of the Production Linked Incentive (PLI) scheme for speciality steel to attract fresh investments and boost domestic manufacturing. The Rs 6,322 crore scheme aims to make India a global hub for advanced steel production
  • Industrial output steady at 4 per cent in September as manufacturing, GST cuts boost growth

    India’s industrial output grew 4 per cent in September, steady from the previous month, driven by manufacturing growth aided by GST rate rationalisation and festive demand. The manufacturing sector expanded 4.8 per cent while mining contracted and power generation rose 3.1 per cent, NSO data showed
  • NITI Aayog CEO optimistic on bilateral trade agreement with US

    NITI Aayog CEO BVR Subrahmanyam expressed optimism over an early India-US trade agreement. Amid 50 per cent US tariffs on Indian goods, both countries are committed to negotiations, aiming to boost competitiveness and double bilateral trade to USD500 billion by 2030
  • India’s Q4 GDP slows to 7.4 per cent, annual growth at four-year low of 6.5 per cent in FY25

    The size of the Indian economy rose to Rs 330.68 lakh crore or about USD 3.9 trillion, according to government data
  • Opinion: Budget neglects agriculture again

    Despite emphasis on agriculture as growth engine, Finance Minister Sitharaman fails to earmark sufficient funds
  • Manufacturing activity in China slows down in December

    Slower growth despite recent stimulus measures and in the face of increasing trade risks
  • Mission 2047: A reality check

    Instead of relying on a one-size-fits-all national strategy, we need a vision for each State and sector
  • Opinion: Making Telangana self-reliant manufacturing

    Achieving manufacturing self-reliance is a strategic imperative for State’s future, with MSMEs playing a pivotal role in this transformation
  • US experiencing worst border crisis in history of world: Trump

    Remarks come ahead of Democratic rival Vice President Kamala Harris' visit to US-Mexico border
  • Opinion: Engines to aid manufacturing

    India must capitalise on servitisation and servicification by formulating smart policies
  • Rewind: Invoking Hanuman to spur manufacturing

    During the last four decades (1980-2020), the average profit of industries grew nearly 50 times, number of factories too doubled during the last decade compared with the rest of the decades. And yet, manufacturing reaching its potential fifth position in the world as predicted by BCG in 2013 remains distant
  • India’s manufacturing sector activity eases to 9-month low in Jun amid price pressure

    New Delhi: India’s manufacturing sector activity eased to a nine-month low in June as growth of total sales and production moderated amid intense price pressures, a monthly survey said on Friday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) fell to 53.9 in June from 54.6 in May, the weakest pace of […]
  • India’s manufacturing sector contracts in June

    The seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) declined to 48.1 in June from 50.8 in May.
  • PLI to boost battery manufacturing: IESA

    Scheme to lead to net savings of Rs 2 lakh crores-Rs 2.5 lakh crores on account of oil import bill reduction
  • Govt to notify PLI scheme for auto components, steel, textile: Official

    The government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.
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