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GOI creates panel for new national manufacturing mission

Currently, manufacturing contributes about 16–17% to India’s GDP, and the new mission seeks to raise this share. Read more

Survey: Export orders drive manufacturing activity to 10-month high

The HSBC India Manufacturing Purchasing Managers' Index (PMI) edged up slightly from 58.1 in March to 58.2 in April, marking the sharpest improvement in the sector’s health in ten months. Read more

US tariffs on China boost India’s manufacturing prospects: V Anantha Nageswaran

On India’s broader economic outlook, Nageswaran estimated a growth rate of 6.5% for FY2024-25, supported by improving exports and strong momentum into the first quarter of FY2025-26. Read more

India’s composite PMI hits 8-month peak in April on strong demand

Manufacturing led the momentum, with its PMI reaching a one-year high of 58.4, up from 58.1. Read more

Tariff uncertainty can hinder US automation recovery in 2025: Blake Griffin

From February 2024 through to January 2025, we saw a gradual improvement for machinery production in the US. While readings for March are not available yet, this momentum is likely to have faltered amid uncertainty created by Trump’s aggressive tariff policies, remarks Blake Griffin, Research Manager, Interact Analysis.Read more

Indian manufacturing sector has a very promising outlook: Amitabh Kant

In this interview with Rakesh Rao, Amitabh Kant, India's G20 Sherpa and former CEO of NITI Aayog, explores the country’s transformative journey in the last few years and potential of the Indian manufacturing sector.Read more

Madhya Pradesh aims to become drone manufacturing hub with new policy

Officials estimate the policy will attract Rs 3.7 billion in investments over the next five years, creating 8,000 jobs (2,200 direct and 6,600 indirect).Read more

Budget 2025: Energy sector highlights and reactions

The government will incentivise electricity distribution reforms, support intra-state transmission expansion, and offer states an additional 0.5% of their GSDP in borrowing, contingent on implementing these reforms. Read more

Budget 2025: Manufacturing sector highlights and reactions

The Budget has also introduced a Focus Product Scheme for the footwear and leather industry, aiming to create 2.2 million jobs and generate Rs 4 trillion in turnover. Read more

Budget 2025: Auto industry highlights and reactions

MSMEs in the auto supply chain will benefit from easier credit access, enabling component manufacturers and dealerships to scale operations and invest in new technology. Read more

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