Manufacturing

Passenger Vehicle Sales Soar to Record 3.93 Lakh Units in October 2024

Passenger Vehicles achieved its highest October...

Hyundai India Eyes Growth as Key Production Hub for Rising Export Demand

Hyundai Motor India (HMI), the second-largest...

Rising Demand for EVs and Energy Storage Fuels Li-ion Battery Surge

The increasing need for electric vehicles (EVs)...

Aluminium Sector Creates 8 Lakh Jobs, Powers 4,000 SMEs in Downstream Sector

Investments in India's aluminium industry have...

India's Steel Consumption Hits 85.7 Million Metric Tons in April-October

The consumption of finished steel in India...

U.S. Absorbs 97% of India’s PV Exports Amid Domestic Policy Delays

The U.S. has emerged as a top destination,...

Indian Oil Leads the Charge with 10,000+ EV Stations

Indian Oil Corp leads the way, providing EV...

India Unveils Rs 500 Crore MedTech Scheme to Boost Domestic Manufacturing

The Indian government's recently introduced Rs...

India's Semiconductor Sector Set to Create 1 Million Jobs by 2026

India evolves into a hub for semiconductor...

India's Defence Production Fuels Job Growth with New Corridors

India’s domestic defense manufacturing...

India Emerges as a Global Semiconductor Design Hub with 20% Share

The world's semiconductor design houses are increasingly based in India, with 20 percent now operating from the country. Investments are being made to establish fabrication and outsourced semiconductor assembly and test facilities in India...

Advanced high-strength steel: The Key to Future-Ready Manufacturing

One of the major players in the steel & mining industry ArcelorMittal finalized an agreement on acquiring Nippon Steel Corporation’s 50 per cent

India to Build Complete Solar Equipment Manufacturing Ecosystem in 4-5 Years

India aims to establish the entire ecosystem for solar equipment manufacturing in the next four to five years, unlike other nations that have taken over 20 years. Mittal engaged in an exclusive conversation on the sidelines of the Abu Dhabi...

Andhra Pradesh Nods ₹1,000 Crore Drone Manufacturing Policy

The Andhra Pradesh cabinet sanctioned a policy aimed at fostering drone manufacturing and services in the state, intending to draw investments exceeding ₹1,000 crore in the sector, which is projected to yield ₹3,000 crore in revenue through drones...

Trump's Potential Second Term Could Propel India's Electronics Manufacturing

Donald Trump’s upcoming second term as US president may enhance India’s growing electronics manufacturing sector since Washington is likely to establish a tariff barrier to restrict Chinese imports from entering consumer markets, prompting...

Global Solar cell manufacturing to outstrip demand by over 1,100 GW by 2024

The global solar manufacturing capacity will surpass 1,100 GW, which is double the expected need for PV panels. The report stated that solar power will become more affordable as the production of solar panels surpasses the demand...

India and Kazakhstan to set up a JV in critical minerals industry

India and Kazakhstan, both abundant in rare earth and critical minerals, have agreed to form a partnership company called IREUK Titanium Limited to manufacture Titanium Slag in India. This JV in Central Asia will be India's inaugural one. IREL...

Rising Solar Demand Fuels Local Manufacturing and Small Industry Growth

Union Minister Pralhad Joshi stated that the rising need for solar panels and related technology is driving local manufacturing, leading to economic growth in small industries. The Minister, speaking at the third edition of the High-level...

India’s Manufacturing Picking up Pace after 3 Months of Decline

India’s manufacturing sector saw a notable rebound in October, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 57.5 from September’s eight-month low of 56.5, indicating robust expansion. This improvement was fueled by ...

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