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Manufacturing Agenda for Modi 3.0

As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more

SME to host webinar on how to make India a global manufacturing powerhouse

The virtual panel discussion, "Can India Build Global Manufacturing Capabilities?", will be held on June 21, 2024 from 3.30 to 5.00 pm and will present ways to enhance Indian manufacturers competitiveness for increasing the country's share in the global trade.Read more

China accounts for 50% of Japan's semiconductor exports

The value of these exports to China jumped 82% in the March quarter to ¥521.2 billion, the highest figure in data going back to 2007.Read more

Waaree Energies sends banned Chinese components in solar panels to US

Indian products accounted for 9.3% of US solar imports in the first 11 months of last year, up from 1.9% in all of 2022. Read more

Kia India exports over 250,000 vehicles from Anantapur manufacturing facility

Kia India has launched five vehicles for the Indian market – the Seltos, the Carnival, the Sonet, the Carens, and the EV6. Read more

Slow local demand & sluggish export growth heavily affect Chinese manufacturing

The US’ ‘decoupling’ with the Chinese supply chain is having notable impacts on China’s manufacturing industry, as some related companies are relocating or duplicating supply chains outside of China.Read more

India's CAD may show fall in Q4 as net exports hit 11-quarter high

IDFC First Bank in a recent report said in FY25, it estimates CAD at 1.3 per cent of GDP compared to 0.7 per cent of GDP in FY24.Read more

DGFT asks export bodies for inputs on efficacy of interest equalisation scheme

The study is to help the department assess the key gaps and make necessary recommendations to ensure seamless facilitation of trade finance in India.Read more

China imposes control on aviation & aerospace exports; national security concern

It said the export controls would apply to aircraft and aerospace engines and structural parts, engine manufacturing related equipment, software and technology. Read more

Google to manufacture drones in Tamil Nadu for exporting; Make in India

Alphabet’s subsidiary, Wing LLC, which specialises in drone delivery services, will be heading the manufacturing operations in Tamil Nadu.Read more

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