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US tariffs on China boost India’s manufacturing prospects: V Anantha Nageswaran
On India’s broader economic outlook, Nageswaran estimated a growth rate of 6.5% for FY2024-25..
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India’s composite PMI hits 8-month peak in April on strong demand
Manufacturing led the momentum, with its PMI reaching a one-year high of 58.4, up from 58.1. ..
Read moreAutomation & Robotics
Tariff uncertainty can hinder US automation recovery in 2025: Blake Griffin
From February 2024 through to January 2025, we saw a gradual improvement for machinery producti..
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Indian manufacturing sector has a very promising outlook: Amitabh Kant
In this interview with Rakesh Rao, Amitabh Kant, India's G20 Sherpa and former CEO of NITI Aayo..
Read moreAerospace Defence
Madhya Pradesh aims to become drone manufacturing hub with new policy
Officials estimate the policy will attract Rs 3.7 billion in investments over the next five yea..
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Budget 2025: Energy sector highlights and reactions
The government will incentivise electricity distribution reforms, support intra-state transmiss..
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Budget 2025: Manufacturing sector highlights and reactions
The Budget has also introduced a Focus Product Scheme for the footwear and leather industry, ai..
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Budget 2025: Auto industry highlights and reactions
MSMEs in the auto supply chain will benefit from easier credit access, enabling component manuf..
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GOI to launch credit guarantee scheme for MSMEs covering loans upto Rs 1 billion
The government is also focusing on promoting rural entrepreneurship, with an emphasis on enhanc..
Read moreElectrical & Electronics
India unveils Rs 250 billion plan for electronics components manufacturing
The scheme will adopt a different incentive structure, as components and subassemblies are capi..
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MSMEs in 2024: Key policy announcements that shaped the sector
Companies with turnover above Rs 2.5 billion and all central public sector enterprises (CPSEs) ..
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India crosses $1 trillion in FDI inflows
FDI equity inflows into the manufacturing sector during 2014–2024 surged to $165.1 billion, u..
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