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Russia open to manufacturing in India: Putin shows interest

Putin commended India's 'India-first' policy and lauded the Indian government's efforts in fostering stable conditions for economic growth.Read more

On a fast-track growth

On September 25, 2024, Make in India initiative completed 10 years. Lauding the country’s achievements in manufacturing, Prime Minister Narendra Modi, in a LinkedIn post, described the initiative as a roaring success that has transformed India from a nation reliant on imports to an emerging manufacturing hub. Read more

India-Malaysia to strengthen cooperation in digitalisation, defense and AI

Currently, there are around 185,000 Indian nationals in Malaysia, including both skilled and unskilled workers. Read more

India is redefining its defence manufacturing identity

This trend underscores India’s strengthening role in the global manufacturing landscape, with the defence sector playing a pivotal role.Read more

PM Modi encourages boosting Indian manufacturing

Prime Minister Modi emphasised the importance of enhancing the quality of Indian products to ensure they meet global standards.Read more

Honeywell inks pact with Air India for APU aftermarket support

The APU is a critical piece of aircraft equipment that provides electrical power and air conditioning to a plane while it is on the ground. Read more

Lazard report suggests India is on track on becoming a global manufacturing hub

Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more

Focus on incremental reforms

According to a recent report of DSP Mutual Fund, the manufacturing sector's contribution to India's GDP is anticipated to rise from 14 per cent in FY24 to 21 per cent by FY34, bolstered by lower logistics costs and improved infrastructure. Read more

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

Increased scrutiny by US FDA: A boon or bane Indian pharmaceutical sector

Even with the surge in USFDA-approved manufacturing sites in India, the proportion of Official Action Initiated (OAI) observations by the USFDA has stayed consistent at 10% of total inspections in CY23. Read more

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