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Manufacturing activity in India rebounds in June; fastest hiring in 19 years

As a consequence of increases in new order intakes, the rate of job creation was the strongest since March 2005.Read more

India's Manufacturing Sector Growth Hits 5-Month High in February 2024

India’s manufacturing sector growth climbed to a five-month high in February 2024 amid a sharper uptick in factory production and sales, supported by both domestic and external demandRead more

UP CM to flag off 100 eBuses of PMI Electro Mobility ahead of Ram Mandir consecration

Airconditioned eBuses to provide safe and comfortable transit for dignitaries, pilgrims and general public to complement green transport mission at Ayodhya.Read more

India's Manufacturing sector holds strong in December despite PMI Dip

S&P Global, the compiler of the index, noted that December's PMI reading signifies a substantial improvement in the sector's health. Despite being above the long-term series trend, it contributed to the lowest quarterly average (55.5) since Q1 2022-23.Read more

Solar charging infrastructure will push green mobility, suggests Dr Aanchal Jain

PMI Electro Mobility is a leading electric bus manufacturer in the country. The company aims to garner fresh orders under the recently announced PM e-bus Sewa scheme. This will greatly enhance PMI Electro Mobility’s technological capabilities and catapult our growth trajectory manifold says Dr Aanchal Jain, Chief Executive Officer, PMI Electro Mobility Solutions Private Limited in this interview.Read more

PMI Electro Mobility secures Rs 250 Cr Investment from Piramal Alternatives

The strategic investment is from the Performing Credit Fund (PCF), the sector-agnostic fund of Piramal Alternatives to bolster PMI Electro Mobility’s Business Expansion and Sustainability initiativesRead more

PMI Electro Mobility seeks Rs 250 Cr funding for production expansion

The company, currently in the process of establishing a new manufacturing facility in Pune, anticipates making an estimated investment of around Rs 150 crore to facilitate the expansion.Read more

India's August manufacturing PMI surges to three-month high at 58.6

According to the survey findings, companies responded to this rising demand by increasing their procurement levels and replenishing their input inventories at the second-highest rate in the 18-and-a-half-year history of data collection.Read more

Manufacturing GVA lags behind despite positive economic indicators

In the first quarter of the preceding fiscal year, it remained stagnant at 17.2 per cent.Read more

PMI Electro appoints Dr Aanchal Jain as Chief Executive Officer

PMI Electro is India's largest electric commercial vehicle manufacturer and Jain will bring a fresh perspective to PMI Electro's vision of revolutionising the electric vehicle industry.Read more

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