Page 2 of India manufacturing

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

HCL co-founder Ajai Chowdhry, PLI scheme

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

Brace for costlier goods going ahead; manufacturers avoid price hikes despite high costs, but not for long

Manufacturers in India have avoided increasing prices even amid high input cost inflation but consumers must brace for price hike…

January 4, 2022 16:04 IST

Economy gaining traction with pick-up in manufacturing activity: RBI article

Observing that the retreat of the second wave of coronavirus pandemic has been slow, the RBI in an article on…

August 17, 2021 19:48 IST

Budget 2021: Balanced combination of reforms with eyes on jobs creation, demand revival

Against the backdrop of the coronavirus pandemic, which impacted the economies around the world, Budget 2021 exhibits resilience.

February 4, 2021 15:34 IST

PLI Scheme to create jobs, says Finance Minister; will help create, nurture global champions in India

Union Budget 2021-22: Finance Minister Nirmala Sitharaman, while delivering her Union Budget speech today said that the PLI Scheme will…

Updated: February 1, 2021 11:55 IST

Economic activity tentatively returning to pre-COVID levels: Icra

Rating agency Icra on Monday said most of the indicators have displayed a year-on-year (y-o-y) expansion in December 2020, which…

January 18, 2021 21:48 IST

For instance, the EU-Vietnam FTA offers footwear manufacturers in Hanoi the biggest gain. Around 40% of exports to the EU in this category faced 30% tariffs, which were reduced to 0% from August 2020.

Manufacturing firms log ‘softer contraction’ in sales at 4.3% in Q2 FY21: RBI data

On expenditure, it said input cost pressure from raw materials remained subdued for manufacturing sector in the July-September quarter of…

December 25, 2020 15:34 IST

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