Trump tariffs hit India’s manufacturing sector! PMI falls to 9-month low in November; but how big is the loss?
US tariffs have slowed India’s manufacturing growth to a nine-month low, impacting sales and production. While exports to other regions remain strong, new export orders ...
Regulatory shift: India withdraws QCOs on key raw materials; GTRI warns of import-surge risks
India has removed mandatory quality checks on numerous raw materials, including textiles, plastics, and metals, offering immediate relief to manufacturers. This move aims to reduce ...
Startup push: DPIIT signs MoUs with 50+ firms to boost manufacturing innovation; aims to scale startup ecosystem through industry tie-ups
The Department for Promotion of Industry and Internal Trade has signed over 50 MoUs with leading companies like ITC, Flipkart, and Mercedes-Benz. This initiative aims ...
Honda Motor to make India global mfg hub for new EV
Honda is set to transform India into a global manufacturing hub for its upcoming electric car, the Honda 0 α (alpha), slated for a 2026-27 ...
India’s rare earth boost: Govt approves Rs 7,300 crore scheme; aim to diversify away from China
India is set to boost its self-reliance in rare earth magnets with a Rs 7,300 crore scheme approved by a key government panel. This initiative ...
Govt reopens PLI scheme window for ACs, LED lights
Brightening the Future: India Reopens PLI Scheme for AC LED Lights India’s lighting industry is about to get a significant jolt of energy. The government ...
India poised to lead global manufacturing in coming decades; policy stability key: Maruti Suzuki MD Hisashi Takeuchi
India is poised to become a global manufacturing leader. Maruti Suzuki India’s MD and CEO, Hisashi Takeuchi, highlighted India’s strengths. These include a large workforce ...
Rare earth push: Domestic magnet production aimed through ambitious plan
The Indian government is formulating fiscal incentives to boost domestic production of rare earth magnets, essential for EV motors, aiming to reduce reliance on Chinese ...
Electronics push: Ashwini Vaishnaw inaugurates first tempered glass factory in Noida; Optiemus to invest Rs 800 crore
Optiemus Infracom, in collaboration with Corning, has launched India’s first tempered glass manufacturing unit in Noida, with an initial investment of Rs 70 crore. The ...
Manufacturing push in India: Samsung expands production portfolio; ‘driven by talent and innovation’ says Ashwini Vaishnaw
Samsung is increasing its manufacturing presence in India, reinforcing the nation’s significance in the global electronics supply chain. Union Minister Ashwini Vaishnaw announced Samsung’s plans ...
