Search For "manufacturing sector"
World Bank raises India's growth to 7 pc from 6.6 pc for FY25
Updated : 1 year, 6 months ago IST
This growth was primarily driven by significant public infrastructure investments and a surge in household investments in the real estate sector. On the supply side, a buoyant manufacturing sector, which expanded by 9.9 per cent, and resilient services activity played crucial roles in offset
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Cabinet approves 12 industrial smart city projects
Updated : 1 year, 6 months ago IST
India will soon wear a grand necklace of industrial smart cities. In a decision on Wednesday, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved 12 new project proposals under the National Industrial Corridor Development Programme.
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Cabinet gives nod for 12 industrial smart cities covering 10 states with R
Updated : 1 year, 6 months ago IST
The government will spend an estimated Rs 28,602 crore for these projects, Minister Ashwini Vaishnaw told reporters at a press briefing.
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India's manufacturing is all set to expand with robust foundations of refo
Updated : 1 year, 6 months ago IST
The stage is set for a new era of growth fuelled by recent reforms and strategic initiatives of the government. Over the past decade, key reforms such as the Make in India initiative, the Unified Payments Interface (UPI), the Real Estate Regulatory Authority (RERA), the Insolvency and Ban
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India's electronics sector needs investment in component manufacturing to
Updated : 1 year, 6 months ago IST
India's electronic manufacturing sector requires significant investment in the component ecosystem to ensure overall industry growth, according to a report by Motilal Oswal, a financial services company.
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CM Stalin to inaugurate Rs 706.50 cr industrial housing facility for Foxco
Updated : 1 year, 7 months ago IST
Tamil Nadu Industries Minister TRB Raja, announcing the inauguration, emphasized that the facility will enhance the quality of life for women employed in the rapidly growing manufacturing sector in the region, particularly in the electronics manufacturing ecosystem centred around Foxconn.
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China faces rising labour strikes amid economic slowdown
Updated : 1 year, 7 months ago IST
As China's economic growth decelerates, there has been a notable increase in labour disputes within the property and manufacturing sectors, raising concerns about the social safety net for blue-collar workers, as reported by the Japan-based English-language weekly news magazine Nikkei Asia.
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Compass Group India Strengthens its Position in the Food Services Industry
Updated : 1 year, 7 months ago IST
New Delhi [India], August 8: Compass India Food Services Private Limited ("Compass Group India"), part of Compass Group, a world leader in food and facility management services, announces the acquisition of a majority stake in Delhi-based ICS Foods Private Limited ("ICS Foods"), a prominent
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Resolutions under IBC up by a record 42 pc in FY 2024; real estate and man
Updated : 1 year, 7 months ago IST
The Insolvency and Bankruptcy Code (IBC) recorded the highest-ever number of resolutions in fiscal 2024. In the year 269 cases received approval from the National Company Law Tribunal (NCLT) for resolution plans.
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Over 73 per cent of Agriculture Budget goes towards welfare measures, subs
Updated : 1 year, 7 months ago IST
Food and fertilizer subsidies account for more than 50 percent of the Union Budget for the rural and agrarian sector in FY 25, highlighted a report by the Indian Council for Research on International Economic Relations (ICRIER) by agriculture economist Ashok Gulati and Purvi Thangraj.
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Transforming the Future: HIMTEX, IPEC, and Eco Sustain Expo Set to Ignite
Updated : 1 year, 7 months ago IST
New Delhi [India], August 1: Excitement is building as Hyderabad prepares to host an extraordinary convergence of industry innovation, collaboration, and sustainability. From August 16th to 19th, 2024, the HITEX Exhibition Centre will be the epicentre of technological advancements and sustai
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India's manufacturing sector demonstrates resilience, July manufacturing P
Updated : 1 year, 7 months ago IST
India's manufacturing sector demonstrated impressive resilience in July 2024, as indicated by the HSBC India Manufacturing PMI report, which recorded a strong reading of 58.1 in July.
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