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Will Budget 2024-25 benefit the manufacturing industry?
The manufacturing sector is crucial for job creation, export growth, and overall economic development. Read more
India’s pharma sector likely to double post US Biosecure Act
At present, China’s CDMO industry commands 8% global market share compared to India’s 2.7%. Read more
Toshiba to invest JPY 10 bn in growing Indian manufacturing unit by 1.5 for T&D equipment
With this investment, TTDI will increase its assembly and test line capacity for distribution transformers and power transformers for the transmission grids and distribution networks. Read more
Vizhinjam Port to lessen time and costs by 40% for Indian manufacturers
The port, equipped with advanced facilities, including automated operations and modern infrastructure, aims to efficiently handle large ships. Read more
Return on equity of Indian manufacturing hits 10-year low; Citi
RoE, or return on equity, measures net profit as a percentage of net worth, indicating a firm's profitability and efficiency in using shareholder funds. Read more
May-24 IIP received manufacturing boost to 5.91%
The trends in mining, manufacturing, and electricity have fluctuated over the past few months. Read more
India’s MSME employment surpasses 200 million, spikes 66% in 1 year
Out of the total reported jobs, approximately 45.4 million were held by women employees.Read more
Manufacturing activity in India rebounds in June; fastest hiring in 19 years
As a consequence of increases in new order intakes, the rate of job creation was the strongest since March 2005.Read more
Skilled labour: The missing link
It is paradoxical that inspite of having the world’s largest employable population, Indian manufacturers are struggling to find skill labour. India needs to fix the skill set gap fast, if it wants to become to a $1 trillion manufacturing economy and emerge as the world's manufacturing powerhouse, says Rakesh Rao.Read more
Wipro GE plans Rs 8,000 crore investment in indian manufacturing, R&D
The strategic investment bolsters the company's local manufacturing footprint to address the growing domestic and international marketRead more