Search For "manufacturing sector"
Domestic investment announcements cross Rs 37 Lakh Crore in last two years
Updated : 1 year, 1 month ago IST
Domestic investment announcements in India have seen a remarkable surge, crossing Rs 37 lakh crore in the last two fiscal years (FY23 and FY24), according to a report by the State Bank of India (SBI).
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From smartphones to laptops: India powers ahead in electronics manufacturi
Updated : 1 year, 2 months ago IST
In a groundbreaking development for India's electronics manufacturing sector, Union Minister of Electronics and Information Technology, Ashwini Vaishnaw inaugurated Syrma SGS Technology's state-of-the-art laptop assembly line in Chennai yesterday.
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Union Minister Ashwini Vaishnaw inaugurates Syrma SGS's laptop assembly li
Updated : 1 year, 2 months ago IST
In a significant boost to India's electronics manufacturing sector, Union Minister of Electronics and Information Technology, Railways and Information and Broadcasting Ashwini Vaishnaw, inaugurated Syrma SGS's new state-of-the-art laptop assembly line in Chennai on Friday.
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Haryana CM chairs pre-budget consultation meeting with stakeholders
Updated : 1 year, 2 months ago IST
The Chief Minister of Haryana Nayab Singh Saini presided over a pre-budget consultation meeting for the fiscal year 2025-26 in Gurugram with stakeholders from industry and manufacturing sector on Thursday.
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India's manufacturing sector showed robust job creation, December PMI at 5
Updated : 1 year, 2 months ago IST
The figure, down slightly from November's 56.5 and below the 'flash' estimate of 57.4, still signaled robust growth as it remained above the long-term average of 54.1. However, the data highlighted signs of moderation in key areas, including production, new orders, and inventories.
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PLI schemes driving manufacturing sector to new heights, reshaping industr
Updated : 1 year, 2 months ago IST
The Production Linked Incentive (PLI) schemes across 14 sectors under the Make in India initiative are demonstrating good results. The manufacturing and construction sectors saw near double-digit growth in FY 2023-24.
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India's manufacturing sector's contribution to GVA will surge to 21 pc by
Updated : 1 year, 2 months ago IST
The manufacturing sector in the country is poised for significant growth, with its contribution to the Gross Value Added (GVA) expected to rise from the current 14 per cent (USD 459 billion) to 21 per cent (USD 1,557 billion) by 2032.
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Indian manufacturers see technology adoption as key to profitability, yet
Updated : 1 year, 2 months ago IST
To address these barriers, the study recommends fostering public-private partnerships to establish shared technology hubs, increasing budget allocations for technology, strengthening industry-academia collaboration, and implementing supportive policies to encourage broader adoption of smart
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PIGL's Move To Acquire Peaton Electricals Enhancing Product Portfolio With
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], December 24: Power & Instrumentation (Gujarat) Limited, (NSE - PIGL, BSE - 543912), one of the leading players in the electrical contracting and equipment industry, is set to enhance its growth trajectory by increasing its shareholding in Peaton Electricals
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India signs USD 350 million loan agreement with ADB to expand manufacturin
Updated : 1 year, 2 months ago IST
The central government and the Asian Development Bank (ADB) signed a USD 350 million policy-based loan under the second subprogram of Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) program.
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FDI in India showed robust growth, attracted USD 991 billion between 2000
Updated : 1 year, 2 months ago IST
Impressively, 67 per cent of this amount (USD 667 billion) was received in the last decade alone (2014-2024). The manufacturing sector has particularly benefited, witnessing a 69 per cent surge in FDI equity inflows, which rose from USD 98 billion during 2004-2014 to USD 165 billion in 2014-
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India needs 25 million beds for workers in manufacturing sector in 10 year
Updated : 1 year, 2 months ago IST
The manufacturing sector in India is projected to require 25 million beds for industrial workers over the next decade, according to a new report released by NITI Aayog titled S.A.F.E. Accommodation--Worker Housing for Manufacturing Growth. The report emphasises the urgent need for secure, af
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