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India identifies key sectors for global manufacturing dominance
Officials have revealed that India is on the brink of identifying approximately a dozen sectors poised to establish the country as a global manufacturing powerhouse.Read more
Govt delays new PLI Schemes, assessing effectiveness of exiting initiatives
Top government officials have received diverse feedback on the scheme, including insights from the Economic Advisory Council to the Prime Minister.Read more
FDI in manufacturing increases by 76% due to PLI Schemes
PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more
Let’s seize the emerging growth opportunities
With the pandemic phasing out, the manufacturing sector's forecast appears to be on track. The Indian manufacturing sector has the potential to be a significant global participant, but it will need to overcome several obstacles and seize fresh chances, says Hiren Pravin Shah, while sharing his “Vision 2025” for India’s manufacturing sectorRead more
PLI schemes: Making India a global manufacturing hub?
The Production Linked Incentive (PLI) schemes have come at an opportune time when investors are been looking to diversify their manufacturing operations across the globe as part of their China Plus One strategy. The scheme is a testament to the vision of the Government for providing long-term industrial support, writes Bhavesh Thakkar.Read more
Budget 2023: The manufacturing fine print
Global commodity supply continued to be disrupted due to intensified Russia-Ukraine war and re-emergence of Covid-19 in China. Read more
Time to invest and build capacity
As per the data released recently, the manufacturing and construction sectors grew by 1.6 per cent and 7.7 per cent, respectively, during the December quarter. However, core sector data showed growth in eight infrastructure sectors slowing down to 0.1 per cent in January from 0.2 per cent in the previous month.Read more