Manufacturing

PLI Drives ₹1.46 Lakh Crore Investment, 9.5 Lakh Jobs in Manufacturing

The Centre's Production Linked Incentive (PLI)...

India's Auto Industry Targets ₹25,000 Crore Import Reduction in 5 Years

Indian automotive sector is set to reach its...

India's Electrical Sector to Hit USD 130B with USD 25B Exports by 2030

The Electrical and Electronics Sector in India...

Granulator Machines Market Soars with Advancements in Healthcare Tech

The growth of the worldwide granulator machines...

Auto OEMs to Invest $323B by 2070 for Transport Decarbonization

Automobile Original equipment manufacturers...

India Breaks Record with Smartphone Exports Surpassing INR 20,000 Crore

India has witnessed a record smartphone exports...

Rising Demand for Bigger, Mightier Vehicles Reshapes Automotive Sector

The demand for bigger and more potent vehicles is transforming the dynamics of the automotive industry. The Indian auto parts sector is experiencing remarkable expansion in the initial half of FY25. As reported by the Automotive Component...

Agrochemicals Sector Eyes 7-9% Growth by FY2026

The revenue of the agrochemicals industry is anticipated to increase by 7-9 percent in FY2026, driven by steady domestic demand and a rebound in export volumes. Following a modest growth of 5-6 percent in the ongoing fiscal year, the agrochemicals...

Electrical Equipment Production Soars with Heaters, Transformers and More

The production of electrical equipment saw substantial expansion, fueled by electric heaters, compact transformers, and fiber optic connectors. The IIP figures for October displayed mixed results among various sectors. Infrastructure/Construction...

India Emerges as Global Salt Leader, Ranking Third in Production

India is presently the third-largest producer of salt, indicating its strong market opportunities. Goyal Salt's persistent emphasis on boosting production capacity, broadening its product range, and enhancing its market standing underscores its...

Manufacturing Sector Resilient with 18 of 23 Groups Recording Growth

The manufacturing sector showed strength, as 18 of the 23 industry groups at the 2-digit NIC level experienced positive growth in comparison to October 2023. The total Quick Estimate of IIP for October 2024 was recorded at 149.9, marking...

Semiconductor Industry to Create 1 Million Jobs in India by 2026

India's semiconductor sector is expected to create 1 million jobs by 2026, with a strong need for experts in electrical engineering, electronics, and materials science. In reply, a distinct MoU was executed among ASMPT, Kaynes Semicon, and...

TVS Motor Advances EV Segment with New Launches Ahead

TVS Motor Company, holding the second largest share in the electric two-wheeler market, has confirmed additional launches in the March quarter to enhance its presence in the EV sector. K N Radhakrishnan, CEO of TVS Motor, stated that the company...

India's Auto Industry Aims for Global Top Spot, Cuts Logistics Costs

India's automobile sector is set to attain the top global position within five years, with an ambitious goal to lower logistics costs in India to 9 percent in a span of two years. Addressing the Amazon Smbhav Summit, Union Minister Nitin Gadkari...

India Eyes 300M MT Steel Capacity by 2030

India, the second-largest crude steel producer globally, targets a capacity of 300 million metric tons by 2030, increasing from the existing 180 million metric tons. The nation's intention to boost coal-based steel production capacity may hinder...

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