Page 24 of Manufacturing

PLI, manufacturing, exports, investment, employment, economic growth, Atmanirbhar Bharat, value addition, value chain

Under this announcement the government announced re- allocation of Rs 18,000 crore to 6 new sectors, such as chemicals, shipping…

November 2, 2023 11:14 IST

manufacturing PMI, manufacturing activity, S&P Global, new orders, production, exports, cost pressure, output price, inflation

India October Manufacturing PMI slips to 8-month low at 55.5

The latest reading of 55.5 in October was above its long-run average of 53.9, but slipped from 57.5 in September…

November 1, 2023 11:33 IST

hiring trends, BFSI sector, AI, machine learning, social media, hiring managers, recruitment, blockchain solutions, finance industry, inclusion, Instahyre

Manufacturing industry witnesses 36% growth in job postings

Data released by Indeed indicated that production/manufacturing continues to remain one of the most hired functional areas in the past…

October 23, 2023 13:07 IST

The case for performance-linked incentives in toy manufacturing

Given that toy exports from India are projected to reach $3 billion by 2028, growing at a CAGR of 12%…

October 22, 2023 16:43 IST

Vedanta, Japanese companies, investment, partnership, electronics manufacturing, infrastructure, digitalization, semiconductor, display fabs

Vedanta invites Japanese companies to partner in India’s electronics manufacturing revolution

Vedanta, while urging Japanese companies to partner in India’s electronics manufacturing revolution, highlighted the investment opportunities in the country, especially…

October 17, 2023 21:43 IST

India’s manufacturing PMI eases to 5-month low in September at 57.5

The Manufacturing Purchasing Managers’ Index (PMI) by S&P Global came in at 57.5 in September as against 58.6 in August.

October 3, 2023 12:21 IST

paint industry, economy, urbanization, infrastructure growth, PMAY, government initiatives, decorative segment, economic recovery, paint formulations, digitalization, manufacturing, R&D, supply chain management, collaboration, quality control

Paint Industry: On the cusp of a tech revolution

With a market over INR 65,000 crores, the sector is set to thrive, driven by improved consumer sentiment and economic…

September 27, 2023 11:44 IST

P&G Health, Procter & Gamble Health, injections portfolio, manufacturing, production, outsourcing, contract manufacturer, material cost, cost efficiency, supply optimisation

P&G Health to discontinue injections production at Goa facility, will outsource from contract manufacturer

The injections portfolio, procured from the company’s manufacturing facility at Goa, accounted for revenue of Rs 102.92 crores during the…

September 27, 2023 10:48 IST

Apple, manufacturing, production, financial year, iPhones, electronics industry, smartphone production, supply chain

Apple to scale up India production fivefold to $40 billion

Apple Inc surpassed $7 billion production in the country in the last financial year and is aiming for $40 billion.

September 25, 2023 10:13 IST

Nvidia CEO touts India as major AI market in bid to hedge China risks

Nvidia and India have a shared interest in betting on, and speeding up, the country’s AI ascendancy. Chipmakers cannot sell…

September 22, 2023 09:47 IST

Jindal SAW, OCTG threading plant, technology, manufacturing, Hunting Energy Services, investment, oil and gas sector, energy transition

US-based Hunting, Jindal SAW set up USD 25-mn OCTG threading plant in Nashik

As part of the partnership, the joint venture (JV) company Jindal Hunting Energy Services Ltd (JHESL) has invested over USD…

September 19, 2023 11:11 IST

Radico Khaitan, IMFL company, greenfield grain distillery, captive power plant, manufacturing, bottling units, branded business, alcohol production, manufacturing facility

Radico Khaitan announces commissioning of its 350 KLPD greenfield grain distillery at Sitapur

Spread over 107 acres, the Sitapur greenfield project will not only add to the growth of the company’s branded business…

September 18, 2023 12:31 IST

Foxconn, investment, employment, manufacturing, Narendra Modi, FDI, iPhones, Apple, global supply chain

Foxconn aims to double India investment, employment

The investment plans of the Taiwanese company, also known for its flagship unit Hon Hai Precision Industry Co., include a…

September 18, 2023 11:36 IST

Rishi Sunak, Tata Steel, steel industry, UK government, jobs, employment, economy, decarbonisation, emission, manufacturing sector, investment

“A big day for UK Steel”: UK PM Rishi Sunak as Tata Steel, UK sign £1.25 bn deal

The UK PM said that the deal will save thousands of British jobs and secure the future of the steel…

September 18, 2023 07:12 IST

Grasim Industries, Aditya Birla Group, paints business, Birla Opus, decorative paints segment, R&D, investment, capacity, manufacturing plant

Grasim Industries to launch paints business under the name ‘Birla Opus’

The market launch of Birla Opus is scheduled for Q4FY24, the company said in a regulatory filing. “Grasim will offer…

September 14, 2023 11:42 IST

ACC Ltd, ACCPL, acquisition, enterprise value, cement capacity, Cement Business, Adani Group, capex investments

ACC commences commercial production of clinker at its Ametha Cement Plant in Madhya Pradesh

This greenfield integrated project will help in lowest cost production of clinker and cement, which will enhance ACC’s overall portfolio…

September 14, 2023 10:52 IST

supply chain, regionalisation, manufacturing, trade, Atmanirbhar Bharat, Make in India, economic growth, sustainability, infrastructure, Carbon Footprint, commodities, economic growth, block chain initiatives, inventory

Beyond borders: The role of regionalisation in modern supply chain strategies

The significance of regionalization in supply chain management has moved to the front of business considerations in a more interconnected…

September 12, 2023 14:54 IST

Generative AI has the potential to accelerate transformation in manufacturing

Understanding Generative AI’s applications in manufacturing

Despite what generative AI offers, it’s important for manufacturing businesses to address challenges

September 2, 2023 13:15 IST

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AWL Agri eyes volume boost on stronger second half

Business5 hr ago

AWL Agri Business, formerly Adani Wilmar, reported a 21.3% decline in Q2FY26 profit, while revenue surged 22%. MD & CEO Angshu Mallick expects a stronger second half, targeting 5-6% volume growth in edible oils and 20-21% in food products. Shrikant Kanhere, the new MD & CEO, plans to expand distribution and direct retail reach, leveraging technology and alternate channels like e-commerce.

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