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Latest Articles in manufacturing

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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India's Manufacturing Sector Growth Gains Momentum In May: PMI

The upbeat mood among goods producers, coupled with a solid increase in new work, underpinned further job creation in the sector.

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Tesla May Ship In Made-in-China Cars To India

The Phase 1 of the project will manufacture Tesla Model 3 and Tesla Model Y cars, with a production rate of 250,000 units per annum, the output may be doubled in the second phase to 5,00,000 units per annum

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Why Consumer Durable Cos Are Emphasising On Make In India Products

With the goal of becoming a technologically driven nation, the initiative has also encouraged more research and development centres to be opened locally.

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Defence: The Next Big Thing

Defence manufacturing could really be the next big thing for the Indian economy – spurring growth and creating jobs – if only private players had a level playing field with DPSUs

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Importance Of Technically Skilled Force In Business Growth

The products of IITs are in demand globally and a key to the success of many Indian manufacturers and IT companies

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India's Manufacturing Growth At 6-Month Low In March: PMI

The Nikkei India Manufacturing Purchasing Managers' Index (PMI) declined to 52.6 in March from 54.3 in February

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Blockchain In 2019 – How Will It Impact Industries

Here are the five key industries that will ripe major disruptions

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