Page 16 of Manufacturing

Daimler Truck Innovation Center keen to leverage AI to enhance safety; reiterates India at the core of its global strategy

Daimler Truck Innovation Center keen to leverage AI; reiterates India’s role in global strategy

The Daimler Truck Innovation Center India, that recently completed 3 years, is Daimler’s biggest R&D hub outside Germany and is…

Updated: December 3, 2024 09:28 IST

Budget 2025, Budget 2025 Expectations, Nirmala Sitharaman, manufacturing, GDP, China, PLI scheme

India’s manufacturing PMI drops to 11-month low of 56.5 amid intensifying price pressures, weak demand

Pranjul Bhandari, Chief India Economist at HSBC, said, “India recorded a 56.5 manufacturing PMI in November, down slightly from the…

December 2, 2024 16:19 IST

India-US relations, trade relations, Donald Trump, Semiconductor, trade, global trade, geopolitical tensions, manufacturing, tariffs, artificial intelligence, economic policies, protectionist policies

Indo-US Relations under Trump: Opportunities and Challenges in Trade and Semiconductor Sectors

While Trump’s first term was marked by protectionist policies and a tough stance against China, his second administration could lead…

November 29, 2024 14:28 IST

jobs, GDP, manufacturing, public-private partnerships, funding, PLI

Jobs as factory output

Even the deep cut in the rate of corporate income tax effective FY20 or the concessional 15% tax for “new…

November 29, 2024 05:00 IST

Did Sagar Adani know it all? Report indicates record of ‘bribe notes’, other details on mobile phone

Reports indicate that Court filings show that Sagar Adani kept track of the millions of dollars of alleged bribes and…

November 23, 2024 10:10 IST

Page Industries Q2 profit up 30 pc to Rs 195.2 cr; revenue up 11 pc at Rs 1,246.3 cr

The company had posted a net profit of Rs 150.27 crore during the July-September period a year ago, according to…

November 8, 2024 18:45 IST

Indian Family Businesses: Few clear on succession, why others need to worry?

“Despite its critical importance, only 21% of family business leaders in India have a documented and communicated succession plan, posing…

November 7, 2024 11:33 IST

Industry, Wakefit, furniture, manufacturing, festive sale

Premiumisation and data analytics core to Wakefit’s festive season strategy

In addition to a 50% revenue spike, Wakefit saw a 5x increase in website traffic this festive season, though conversion…

November 5, 2024 02:15 IST

India’s manufacturing PMI rises to 57.5 in October on expanding new orders, international sales

Pranjul Bhandari, Chief India Economist at HSBC, said, “India’s headline manufacturing PMI picked up substantially in October as the economy’s…

November 4, 2024 11:27 IST

Trident Group, investment, textile sector, employees, employment generation, inclusive progress

Arvind posts 14 per cent revenue growth in Q2

For Q2 FY25, the textile division posted its highest growth in nine quarters, with a 12% increase in revenue to…

October 28, 2024 19:16 IST

DPIIT partners with HCLSoftware to support manufacturing startups

DPIIT said it signed over 80 Memorandums of Understanding (MoUs) with industry stakeholders so far under the initiative.

October 25, 2024 18:24 IST

Syrma SGS Technology, Industry, ESDM, Automotive Industry, Syrma SGS

Syrma SGS opens electronics manufacturing facility

The new facility significantly expands Syrma’s manufacturing footprint and complements its existing capacities in Chennai, Bangalore, Manesar, Gurgaon, Noida, and…

October 25, 2024 00:15 IST

apparel exporters, export, revenue growth, liquidation, competition, demand, free trade agreement, PLI scheme, global sourcing, geopolitical tensions

Apparel exports see a rebound; shipments rise 17.3 per cent in September

AEPC will be conducting international roadshows in Spain and New York this month, to showcase the best of trade, technology…

October 18, 2024 03:15 IST

White Goods, PLI, Production Linked Incentive scheme, ACs, LEDs

38 more firms show interest in white goods PLI

In all three rounds, a total of Rs 11, 083 crore investment in plant and machinery is expected, creating 80,000…

October 15, 2024 01:00 IST

Britannia, Bel Group, cheese manufacturing, partnership, joint venture

Britannia strengthens partnership with Bel Group to announce local cheese manufacturing in India

Britannia said that the plant is fully integrated with a robust milk procurement program, sourcing around 4 lakh liters of…

October 9, 2024 17:19 IST

ZED scheme for MSMEs: Financial assistance crosses Rs 275 crore

Focused on encouraging enterprises to adopt environment-friendly manufacturing practices with improved product quality, the scheme offers subsidies on certification costs.

October 8, 2024 14:27 IST

FDI, Manufacturing, IPO, Digital FDI, Investors

India can’t afford a slowdown in FDI, manufacturing sector the laggard

he country needs to efficiently harness its relative advantages on the dismal global economic landscape to attract a larger share…

October 8, 2024 05:00 IST

Avaada Group, Solar Project, Nagpur, Manufacturing

Avaada Group starts work on its manufacturing unit in Nagpur

In its first phase, Avaada plans to launch a wafer-to-module project with a capacity of 5 GW for solar cells…

October 8, 2024 02:15 IST

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Mismatch between RE capacity and demand driving up power costs: Electricity Authority

Economy9 min ago

India’s target of achieving 500 GW of renewable energy by 2030 has led to a strain on grid operations and increased power supply costs. Despite reaching 50% of its installed electricity capacity from renewable sources, transmission plans are based on potential rather than actual capacity, causing high charges and uncertain grid absorption.

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