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Latest Articles in Manufacturing

Net Profits Of Manufacturing Companies Surged By 50.2% In FY'22: RBI

Net profit also increased for the information technology (IT) companies, whereas the non-IT services sector continued to record losses at the aggregate level

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Heat Wave Disrupts Industrial Activity As Power Demand Soars

Extreme heat continued to scorch large swathes of south Asia this week, offering no reprieve after the hottest March on record in India, and triggering comments from PM Narendra Modi on India getting too hot too early.

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Factory Growth Hits 10-Month High In November On Strong Demand

An easing of COVID-19 restrictions drove demand and boosted sales, indicating the economy was on the path to normalization.

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Gujarat Will Be First To Implement National Scrappge Policy; Bolster Gujarat's Metal Recycling Industry: Manoj Das, Additional Chief Secretary

Gujarat becomes the first state to implement the National Automobile Scrappage Policy. State having an established ecosystem for ship recycling is well versed with the process of scrappage, waste disposal and reuse of recycled materials. Additional Chief Secretary of Gujarat Manoj Das outlined the Policy through detailed technical presentation during the summit.

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Expectations Of The Manufacturing Sector

The energy sector, which is seeing an increasing emphasis on renewable energy (RE) in the overall energy mix, expects announcements on support for building transmission infrastructure, long-term capital availability for RE projects and privatisation of stressed Discoms during the budget.

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Reimagining The Manufacturing Sector

Supply chains efficiency will increase by reducing complexity with AI and machine learning to deliver the right product to the right customer at the right time and drive profitability.

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India's September Factory Activity Grew At Fastest Pace In Over Eight Years

Signs of recovery are welcome news for Asia's third-largest economy, which is widely expected to mark its first full-year contraction since 1979 this year. The pandemic is spreading in India at the fastest pace in the world.

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5% Import Duty On Key Component Used In TV Manufacturing From Oct 1

EY Tax Partner Abhishek Jain said this levy seems to aim at fostering domestic manufacturing of open cells for televisions in India.

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Opportunity for Textile Industry to Grab Chinese share in Developed Market: Secretary, Textiles

Covid 19 pandemic has opened up new vistas for the Indian textile industry to gain market share of China in the developed world, especially the EU and the US, says the Textile Secretary

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BHEL Sets Up 'Make in India (MII) Business Development Group'

These include floating an Expression of Interest (EoI) inviting global manufacturing companies to leverage BHEL facilities and capabilities to set up a manufacturing base in India as well as take up efforts towards indigenisation of major imports

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Malaysia's May Factory Output Plummets 22.1%, But Less Than Forecast

Electricity output fell 10.3% on year, while the mining sector index was down 22.2%, data from the department showed.

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Manufacturing Downturn Eases In June; Regional Lockdown Extensions Hurt Demand: PMI

The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) stood at 47.2 in June, up from 30.8 in May.

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Rebuilding The Manufacturing Industry In The New Normal

Technology has enabled us to navigate the current situation, and tech intensity will play a stronger role than ever before as we plan a comeback and shape the new normal.

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German Manufacturing Output Contracts Again In May - PMI

"Manufacturing production was already down 7-8% from a peak in late 2017 even before the onset of the pandemic, and now that figure looks to be in the region of 25-30%."

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Self-Reliance In Manufacturing Key To Recovery

As India Inc. closely follows Finance Minister Nirmala Sitharaman’s resurrection roadmap for the economy, it brings to the fore the vision of self-reliance laid out by the Prime Minister.

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