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Aatmanirbhar Bharat; Vocal For Local: Eyeing offline expansion! Greyweave to invest this amount in Jaipur and Bengaluru
Sun, Feb 07, 2021
With Modi government-initiated many supportive programs like Aatmanirbhar Bharat and Vocal For Local, local manufactures and industries are also seeing better prospects in future and that's why they are gearing up invest more to give a boost to their business.
Exclusive: In 2021, drugmakers to HIKE PRICES as pandemic, political pressure put revenues at risk
Fri, Jan 01, 2021
Drugmakers including Pfizer Inc, Sanofi SA, and GlaxoSmithKline Plc plan to raise U.S. prices on more than 300 drugs in the United States on Jan. 1, according to drugmakers and data analyzed by healthcare research firm 3 Axis Advisors
'Electronic contract manufacturing in India to grow over 6-fold to USD 152 bn by 2025'
Thu, Dec 31, 2020
The electronic contract manufacturing sector in the country is projected to grow by over six-fold to USD 152 billion by 2025, industry body Elcina said on Wednesday. Globally, the electronic manufacturing services (EMS) sector was valued at USD 832 billion in 2019 and is estimated to grow to USD 1,055 billion by 2025
IHS Markit India Manufacturing PMI report: At 56.3, Indian manufacturing sector continues expansion in November
Tue, Dec 01, 2020
The Indian manufacturing sector has continued its sharp rate of expansion, albeit some loss in momentum in November, according to IHS Markit India Manufacturing PMI report released on Tuesday
How government’s decision to extend PLI scheme to 10 new sectors will boost local manufacturing, provide required push
Thu, Nov 12, 2020
The Union Cabinet on Wednesday approved a production-linked incentive scheme worth around Rs 1.45 lakh crore for 10 sectors – a move that has been welcomed by companies around segments.
Man Industries has an order book of Rs 1,600 crore: Dr. R C Mansukhani, Chairman
Thu, Oct 29, 2020
Dr. R C Mansukhani, Chairman, Man Industries (India) Limited, talks about Q2FY21 results, international collaborations, export market, order book, liabilities and debt among others during a candid chat with Zee Business Executive Editor Swati Khandelwal
Aatmanirbhar Bharat: 'India needs to move beyond exporting raw materials'
Sun, Oct 04, 2020
Union minister Piyush Goyal has said that India needs to move beyond exporting raw materials and improve its manufacturing capabilities to supply high-quality products to the world.
Centre issues guidelines for manufacturing units post lockdown - All you need to know
Sun, May 10, 2020
As the restrictions are being gradually eased in some zones to bring the economy back on track, the Centre has issued fresh "guidelines for restarting manufacturing industries after lockdown", advising them not to try to achieve high production targets.
Cabinet okays schemes to boost electronics manufacturing
Sun, Mar 22, 2020
The Union Cabinet has taken major decisions to enhance manufacturing in the electronic components, semiconductors and mobile segments.
BIG BOOST! India's July factory output grows at 4.3%; manufacturing sector shows positive signs
Thu, Sep 12, 2019
The data on a year-on-year (YoY) basis, however, stated that July 2019 factory output growth rate was lower than the 6.5 per cent achieved during the corresponding month of the previous fiscal.
Modi 2.0: What Motilal Oswal Financial Services co-founder Raamdeo Agrawal expects from government
Fri, May 24, 2019
Raamdeo Agrawal said that PM Modi should prioritise on manufacturing if he wants to compete with our neighbourly nation China.
64,000 jobs in 8 core sectors in April-June period; women outwit men: Report
Tue, Feb 20, 2018
The manufacturing sector, however, lost 87,000 jobs during this period.
GST anti-evasion: Cess likely on pan masala at manufacturing stage
Sun, Jan 21, 2018
The Council will look at levying the cess at the manufacturing stage based on production capacity as against the current practice of imposing it on supplies made by the manufacturer
India's December Nikkei manufacturing PMI rises to 54.7
Tue, Jan 02, 2018
Tata Group, GE partner to make LEAP engine components in India
Thu, Dec 14, 2017
Under the partnership, Tata Advanced Systems Ltd, a unit of Tata, and GE Aviation will together handle manufacturing, assembling, integration and testing of the aircraft components.
Growth in manufacturing, trade and transport helped GDP data: Care
Fri, Dec 01, 2017
The Care Ratings said "Manufacturing would continue to do well due to GST tax concessions which will help demand as well as the restocking process which should pick up."
Gender pay gap in India's manufacturing sector touches 30%
Tue, Jul 18, 2017
The lowest paid sector in India also has a huge pay gap crisis. Monster India report showed a near 30% wages disparity in the sector.
Hiring intentions weak in manufacturing, services; employer confidence dips
Tue, Jun 13, 2017
A survey conducted by ManpowerGroup revealed that Indian employers expect hiring to remain steady in July-September time frame however employer confidence has been its lowest since 2005.
World Bank maintains 2.7% global growth forecast for 2017
Mon, Jun 05, 2017
Growth in emerging markets such as India, Brasil, Russia, China, Indonesia and Mexico is expected to surpass the long term average by 2018.
Xiaomi CEO Lei Jun meets PM Modi; to open second plant in India
Tue, Mar 28, 2017
He also met the Minister of Finance, Defence and Corporate Affairs Arun Jaitley