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Karnataka aims to become manufacturing hub with centre of excellence

The state aims to prepare its SMEs and MSMEs to meet global demand, supported by recently announced flat-floor factories across Karnataka.Read more

Engineering growth amid the gloom

India's engineering goods exports touched $ 9.04 billion in July 2024, a rise of 3.6 per cent compared to $ 8.72 billion in July 2023, according to EEPC India.Read more

Vivo secures partial occupancy certificate from YEIDA for new manufacturing hub

This milestone marks a key development in one of YEIDA’s initial large-scale projects, with the total built-up area reaching 160,000 square meters.Read more

Google to establish key Pixel manufacturing hub in India; Pixel 8 to be first

This strategic shift aims to significantly boost the brand’s market presence in India, where it currently holds a modest 0.25% market share, rising to 1% in the premium segment.Read more

India needs to strengthen ammunition sector to become defence manufacturing hub

In 2023, the global ammunition market was valued at approximately Rs 1.293 trillion, with heavy-calibre ammunition making up 53.48% of the demand. 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

India is far from becoming the world's manufacturing hub; NR Narayana Murthy

Large Language Models (LLMs) and generative AI will not eliminate all jobs says the Infosys co-founder.Read more

Zen Mobility unveils game-changing manufacturing hub for Zen Micro Pods

Zen Mobility unveiled a production facility for their flagship electric cars, the Zen Micro Pods, designed for city commuters.Read more

India: Leading global manufacturing

On April 11, 2024, the Asian Development Bank (ADB) - following the International Monetary Fund (IMF), World Bank, and Moody’s - raised India’s GDP growth forecast for 2024-25 to 7 per cent from the 6.7 per cent projected in December 2023Read more

India: An emerging manufacturing hub

The contribution of the ‘industry’ sector – which includes manufacturing, mining and quarrying and allied industries – has been consistently around 25 to 30 percent in the last ten years, says R Jayaraman.Read more

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