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Piyush Goyal upbeat on India's export outlook despite global slowdown

Goyal highlighted the noteworthy achievement of India's goods and services exports, surging from $500 billion two years ago to an impressive $776 billion in 2022-23.Read more

Global geared products market anticipates slowdown; India to prop up revenue

Interact Analysis forecasts a revenue decline of 1.9 per cent for the global geared motors and industrial gears market in 2024. It is expected that Indian and Southeast Asian markets will prop up revenue growth of geared products in APAC over the next couple of years. Read more

Quality certification slowdown in China hits Nike, Mitsubishi, Carrier

Government sources revealed that these companies have approached the government, seeking certification for their manufacturing units in other Asian countries.Read more

Asia's export powerhouses face manufacturing slump amidst weak demand

According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more

Global manufacturing growth to slow down, CAGR of 3% to 2027

A report by market intelligence authority, Interact Analysis says that the manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labour shortages continue to hamper US manufacturers whereas the Chinese manufacturing economy gets back on its feet after a turbulent periodRead more

Despite slowdown, global manufacturing industry grew 3.8% in 2022

According to Interact Analysis, machinery sector growth outperformed manufacturing in 2022. The US manufacturing industry performed strongly and the Americas growth rate hit 6.9% in 2022, compared to 3.3% for Asia Pacific and 2.6% for Europe.Read more

Finolex Cables reports Rs 123.1 crore profits despite slowdown

Net sales for quarter ended September 30, 2019 stood at Rs 715.7 crore, against Rs 714.0 crore in September 2018Read more

33 per cent growth for Greaves Cotton Ltd CNG 3-wheelers despite slowdown

Greaves Cotton Limited has successfully sold more than five million engines in the last two decades. Read more

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