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Latest Articles in manufacturing

India's Manufacturing Growth Picks Up In November: PMI

With the Indian economy needing to grow around 8 per cent each year to create enough jobs for millions of youth joining the labour force, Prime Minister Narendra Modi's government will be pressured to take further steps.

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India's Industrial Production Posts Steepest Fall In 8 Years

The contraction in IIP in September has dampened prospects of a quick recovery in economic growth after it slipped to a six-year low.

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First Export Preparedness Index To Rank States, UTs Likely In January 2020

Promoting exports helps a country to create jobs, boost manufacturing and earn more foreign exchange.

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Labour Regulations And Laws In Indian Manufacturing Industry

Labour laws in India are sclerotic in an age where workforce agility produces manufacturing success.

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The Manufacturing Of Tomorrow: Less Is More

Indian companies are seeing a growing convergence between digital and manufacturing, and are adopting AI, cloud, machine learning, IoT to make production faster, cheaper, efficient and sustainable.

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India's Services Sector Contracts In September On Weak Demand: PMI

It was the second month this year the index had fallen below the 50-mark separating growth from contraction - the last one being in June.

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India Sept Factory Growth Steady From Aug, But Still Weakest In Over A Year: PMI

Factories also cut back on purchases of raw materials, indicating they do not expect a marked pick up in demand.

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India Scraps Import Tax On Open Cell TV Panels To Boost Manufacturing

New Delhi had charged a 5 per cent import tax on open cell TV panels, which was a factor in Samsung Electronics' decision last year to shut its TV production unit in India and move production to Vietnam.

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Indradev Babu elected As New IMTMA President

Indradev Babu will succeed P. Ramadas, Managing Director, Ace Manufacturing Systems Limited as IMTMA’s President.

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State Govts Need To Realise Their Role In Promoting Mfg In Auto Sector: RC Bhargava

The automobile sector accounts for 49 per cent of India's manufacturing gross domestic product (GDP).

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Hero MotoCorp Manufacturing Plants To Remain Shut For 4 Days Till Aug 18

In a regulatory filing, Hero MotoCorp said its manufacturing facilities will be closed from August 15 to 18, 2019.

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Top Indian Automakers Plan Production Cuts Amid Industry Crisis

The slowdown in the sector has triggered massive job cuts, with initial estimates suggesting that automakers, parts manufacturers and dealers have laid off about 350,000 workers since April

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India Manufacturing Sector Growth Inches Up In July On New Orders: PMI

This is the 24rd consecutive month that the manufacturing PMI has remained above the 50-point mark.

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Global Economy: Manufacturing Pain Spreads Through Asia, More Stimulus Seen Ahead

Among the emerging market economies of Southeast Asia, Indonesia registered a contraction, but others have benefited from a redirection of trade flows away from China.

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Eco Survey: Agri, Allied Sector, Manufacturing Contracted In FY19

The survey said that the GDP growth moderated to 6.8 per cent in 2018-19 from 7.2 per cent in 2017-18. However, India was still the fastest growing major economy.

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