Profitability of polyester yarn manufacturers to improve by 100 bps next fiscal despite 3-5% drop in prices According to a CRISIL report, this will be driven by reduced imports from China, lower raw material prices, increased price… March 3, 2023 15:45 IST
Premium Ending factory tyranny Expanding manufacturing employment and attracting China factory refugees needs converging the regulatory regimes for factories and service employers Updated: January 16, 2023 08:22 IST
Creating a manufacturing future for India Providing low-cost products of very high quality is the window of opportunity to launch India as a manufacturing powerhouse in… January 14, 2023 10:18 IST
India’s manufacturing PMI hits 13-month high in December on rise in new orders, strong demand The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) stood at 57.8 in December, up from 55.7 in… Updated: January 2, 2023 13:24 IST
Why is India not a global manufacturing hub? When it comes to labour, India faces a two-fold problem. One is the stringent labour laws, the other is the… December 31, 2022 15:21 IST
India manufacturing shows signs of stress, economists say A sharp fall in the manufacturing sector, which contributes nearly 16% to India’s GDP, that has raised alarm bells. December 2, 2022 08:40 IST
Manufacturing sector continues to be resilient, Nov PMI advances to 55.7 Companies were also aided by a substantial cooling of cost pressures in November, a factor that prompted them to purchase… Updated: December 1, 2022 11:09 IST
At $2 mn-plus, manufacturing sector paid the biggest ransom after cyberattacks Over half (57%) of manufacturing and production organisations hit by ransomware reported that cybercriminals encrypted their data. November 4, 2022 01:15 IST
Manufacturing activity hits 8-month high in July The services activity, as gauged by PMI, had expanded at the fastest pace in eleven years in June 2022, reflecting… August 2, 2022 02:20 IST
High-tech manufacturing: New system falling into place post Covid shock Innovation and automation have become top priorities for decision-makers in ensuring resilient and secure manufacturing ops. June 28, 2022 01:10 IST
India’s manufacturing PMI expands in May despite inflation headwinds; export orders at 11-year high At 54.6 in May, little-changed from 54.7 in April and higher than experts expectation of 54.2, the seasonally adjusted S&P… Updated: June 1, 2022 13:12 IST
India’s manufacturing activity picks up in April even as inflation heats up, survey shows April marks 10 straight months of expansionary readings for manufacturing activity, but there has been a gradual loss of momentum… Updated: May 2, 2022 12:02 IST
Capital utilisation likely to dip in near-term, may pick up to 75% by end of 2022, ICRA says “While the green shoots in private investments are positive, protracted geopolitical tensions and elevated commodity prices could constrain the profitability… April 28, 2022 15:59 IST
PLI Scheme: Adding firepower to India’s domestic manufacturing capabilities ‘India’s quest to expand its footprint in the manufacturing sector has shown positive results with the country coming second after… Updated: April 12, 2022 15:19 IST
Manufacturing activity moderates in March; confidence at two-year low The growth in index of industrial production had risen to 1.3% in January 2022 from 0.7% in December 2021 albeit… April 5, 2022 05:30 IST
Atmanirbhar Bharat is a long-haul, says HCL co-founder Ajai Chowdhry; need to look beyond PLI schemes “PLI will finish in five years, then what. You need to think through that. Every manufacturer needs to think through… Updated: March 17, 2022 19:23 IST
Mukesh Ambani’s Make-in-India plan for electronics: Reliance in JV with US co for network, health, other gear Reliance and US-based manufacturing firm Sanmina Corp have entered agreement to create a manufacturing joint-venture to make electronics in India.… Updated: March 3, 2022 10:56 IST
PLI scheme to unlock India’s manufacturing capacity: Icra Also, incremental revenues of Rs 35-40 lakh crore are expected over the next five years due to a reduction in… February 17, 2022 18:17 IST
Budget 2022 builds on Modi government’s “Aatmanirbhar Bharat”, makes allocations to PLI schemes for telecom In a nutshell, the FM Nirmala Sitharaman’s proposals are aimed at inclusive and sustainable development with a particular focus on… February 2, 2022 09:03 IST
Union Budget 2022: FM Sitharaman says flagship PLI scheme can create 60 lakh jobs; 30 lakh more jobs later The PLI scheme, which has been announced for 14 sectors, has received excellent response, she added in her speech on… Updated: February 1, 2022 15:40 IST
Budget 2022 Survey: PLI, boost for ailing economy or under-utilised policy step? FM Sitharaman must plug gaps According to a survey conducted by Financial Express Online, government must focus on plugging the gaps in the implementation of… Updated: January 31, 2022 14:43 IST
Modi’s PLI scheme to make India key manufacturing hub, industry says will reap benefits: KPMG survey As many as 60% of the respondents said they think that the Production Linked Incentive (PLI) scheme will have the… January 25, 2022 13:32 IST
