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India's Manufacturing Sector Growth Hits 5-Month High in February 2024
India’s manufacturing sector growth climbed to a five-month high in February 2024 amid a sharper uptick in factory production and sales, supported by both domestic and external demandRead more
India's Manufacturing sector holds strong in December despite PMI Dip
S&P Global, the compiler of the index, noted that December's PMI reading signifies a substantial improvement in the sector's health. Despite being above the long-term series trend, it contributed to the lowest quarterly average (55.5) since Q1 2022-23.Read more
India's growing economy set to outpace China temporarily: IMF
According to Krishna Srinivasan, Director of the Asia and Pacific Department at the IMF, India is projected to account for 18% of global growth by 2028, up from the current 16%.Read more
Exide secures Rs 2000 Cr credit for Lithium-Ion Cell Project
Exide Energy Private Limited currently boasts a state-of-the-art 1.5 GW fully automated lithium-ion battery packs and modules manufacturing facility in Prantij, Gujarat.Read more