Manufacturing
India's Metal and Mining Firms Gain Spotlight in Stagnant Global Market
Indian metal and mining firms are becoming a...
Sandvik Acquires FASTech to Strengthen CAM Market Presence
Sandvik has acquired the assets of FASTech, a...
16.15 Lakh Electric Vehicles Benefit from FAME India-II Scheme
The government stated that 16.15 lakh electric...
Rane and ZF Gear Up to Launch Electric Power Steering Systems in India
Auto parts manufacturers Rane and ZF announced...
Coal Output Hits Record 18.4 MT in December From captive and commercial mines
The month of December saw the record monthly...
India Approves $3B Incentive to Boost Electronics Manufacturing
The finance ministry has approved an incentive...
Govt To Unveil PLI Scheme 1.1 to Strengthen Steel industry
The government plans to launch the next stage...
Goodluck India Launches Hydraulic Tube manufacturing at Bulandshahr Facility
Goodluck India has formally commenced the...
Coal Sector Records 7.5% Growth in November 2024, Reaching 199.6 Points
As per the Index of Eight Core Industries (Base...
PLI Scheme Set to Boost India's Advanced Automotive Tech Manufacturing
The Production Linked Incentive (PLI) program...
India's Manufacturing PMI slips to 56.4, ending 2024 on a Soft Note
India's manufacturing industry concluded 2024 on a weaker note, with the PMI for December decreasing to 56.4, the lowest figure recorded for the year. As per HSBC data, the number, which dipped slightly from November's 56.5 and fell short of the...
Maruti Suzuki Boosts Auto Industry with 24% Rise in December Volumes
The performance of the Auto Industry in December was bolstered by market leader Maruti Suzuki, which experienced a 24% increase in wholesale volumes compared to the previous year, totaling 130,117 units. The firm recorded its highest retail sales...
Consumer Durables Growth Driven by Energy Efficiency and PLI Policies
The expansion of the consumer durables sector will be propelled by the uptake of more energy-efficient products, a shift towards premium and interconnected appliances, and supported by initiatives such as PLI on the supply side, added Panasonic...
Indian Paint Industry Faces Lowered Profits due to Drop in Raw Material Costs
The Indian paint industry, which experienced significant growth during FY'22 and FY'23, is now confronting a more challenging environment characterized by intensifying competition and shrinking profit margins, as highlighted in a recent report by...
DPSUs Dominate Defence Production with 79.2% Share
The Defence Public Sector Undertakings (DPSUs) and additional public-sector organizations represented 79.2 percent of the overall production, whereas the private sector made up 20.8 percent. Both sectors experienced consistent growth, emphasizing...
India's Former Prime Minister Manmohan Singh Passes Away
Manmohan Singh, often called a "reluctant king" during his first term as prime minister, passed away on Thursday, December 26, at 92 years old. A soft-spoken leader, Singh served as India's prime minister from 2004 to 2014, making him one of the...
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