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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

FICCI president asks Modi govt to focus on 'Making in India for the world'

The imperative to establish India as a premier manufacturing hub by reducing costs, enhancing ease of doing business reforms, and positioning the nation as a destination for high-quality products. Read more

Honeywell Automation India Limited appoints Atul Pai as MD

The company offers a broad range of products in environmental and combustion controls, sensing and control, and provides engineering services in automation and control to clients worldwide.Read more

India's domestic manufacturing; catalyst for global influence & competition

Bilateral trade between India and China recorded significant growth. Read more

PM Modi inaugurates Boeing’s largest campus outside USA in Bengaluru, India

Prime Minister Modi advocates for building an aircraft manufacturing ecosystem in India during the inauguration of Boeing's new campus in Bengaluru, highlighting the nation's potential and government's support for the industry.Read more

Indian Warehousing developers rush for land amid shift from China

Businesses in India have traditionally relied on dingy, stuffy low-rise sheds known as godowns for their storage needs, but these are unsuited to the needs of foreign industrial giants whose investment Prime Minister Narendra Modi wants to lureRead more

Danfoss India equips leading IIM Campuses with advanced VFD

By installing their energy-efficient technologies at the respective premier campuses, Danfoss is facilitating energy efficiency, greater machine productivity, reduced emissions, lower energy consumption, empowering electrification, and supporting sustainable growthRead more

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