Manufacturing Sector
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India manufacturing PMI hits 8-month high in July on new orders
Business | August 01, 2022 11:39 ISTThe July PMI data pointed to an improvement in overall operating conditions for the 13th straight month.
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India's manufacturing sector sees faster growth amid high inflation in April: PMI
Business | May 02, 2022 16:07 ISTThe April PMI data pointed to an improvement in overall operating conditions for the tenth straight month. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
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India’s manufacturing sector contracts in June; first time in 11 months: survey
Business | July 01, 2021 14:48 ISTThe seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) declined to 48.1 in June from 50.8 in May.
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Atmanirbhar Bharat: How the pandemic has shown local manufacturing is need of the hour
Business | December 22, 2020 17:52 ISTPM Narendra Modi's call for Atmanirbhar Bharat during the pandemic has encouraged local companies to boost manufacturing and people are now searching for more India-made products. This emotional call has shed light on the importance of using homemade products in boosting the economy and simultaneously transforming the local businesses.
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India's manufacturing PMI slips to 3-month low in November
Business | December 01, 2020 13:25 ISTThe seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell from 58.9 in October to a three-month low of 56.3 in November, indicating that the manufacturing sector growth remained strong, despite losing traction.
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India's manufacturing sector activity contracts for 4th straight month in July: PMI
Business | August 03, 2020 11:35 ISTIn April, the index had slipped into contraction mode, after remaining in the growth territory for 32 consecutive months. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
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Industrial production grows 2% in January
Business | March 12, 2020 18:09 ISTIndia's industrial output grew by 2% in January amid subdued performance of manufacturing sector, government data showed on Thursday.
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India's mfg sector activity growth inches up in Nov; but remains subdued
Business | December 02, 2019 12:17 ISTAccording to the survey, growth of manufacturing activity in November was supported by the launch of new products and better demand, though restrained by competitive pressures and unstable market conditions.
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India manufacturing PMI drops to 15-month low in Aug
Business | September 02, 2019 11:47 ISTThe IHS Markit India Manufacturing Purchasing Managers' Index (PMI), fell to 51.4 in August, its lowest mark since May 2018, from 52.5 in July, as most survey indicators fell since July to signal a widespread loss of momentum. This is the 25th consecutive month that the manufacturing PMI has remained above the 50-point mark. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
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India's manufacturing sector improves in November, hits 11-month high to 54.0: PMI
Business | December 03, 2018 13:40 ISTOn the employment front, goods producers created jobs in November. Though the increase in employment softened slightly since October, but was among the fastest seen in six years, the survey noted.
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India's February manufacturing sector growth slows: PMI
Business | February 28, 2018 21:26 ISTThe Nikkei India Manufacturing Purchasing Managers' Index (PMI), a composite indicator of manufacturing performance came in at 52.1 from 52.4 in January 2018.
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Time to look beyond 'manufacturing' sector for job creation: Bibek Debroy, NITI Aayog member
December 30, 2015 12:18 ISTNew Delhi: Noted economist and NITI Aayog member Bibek Debroy believes that it's not realistic to look at narrow ‘manufacturing' sector for creating large number of jobs for youths of the country.In an exclusive interview
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India's manufacturing output slips to 22-month low in October
November 02, 2015 16:21 ISTNew Delhi: India's manufacturing sector growth slipped further and touched a 22-month low in October largely due to a slower increase in new orders, but firms hired additional workers, a Nikkei survey said on Monday.The
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Union Budget 2015: 'Make In India' high on priority
February 27, 2015 13:55 ISTNew Delhi: The NDA government is mulling over giving a major push to the manufacturing sector in the forthcoming budget to ensure the success of ‘Make In India' campaign.Defence minister Manohar Parrikar had earlier said
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Manufacturing sector witnessed gradual growth in 2014
January 04, 2015 17:22 ISTNew Delhi: India's manufacturing sector witnessed a gradual but significant expansion during the year 2014 and ended on a higher note reaching two-year high in December, according to an HSBC survey.This gradual expansion is expected
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India Inc dismayed over poor IIP data, wants RBI to slash interest rates
December 13, 2014 9:38 ISTNew Delhi: Disappointed over industrial output contracting by 4.2 per cent in October, India Inc has said the Reserve Bank of India (RBI) must slash interest rates urgently to spur demand while re-emphasising the need
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India's manufacturing sector output at nearly 2-year peak in Nov:HSBC
December 01, 2014 12:30 ISTNew Delhi: India's manufacturing sector output accelerated in November at the quickest pace in nearly two years, driven by robust output and new orders, an HSBC survey said today.The headline HSBC India Purchasing Managers' Index
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Private sector output drops for fifth successive month: HSBC
December 04, 2013 16:29 ISTNew Delhi: The services sector activity witnessed a moderate improvement in November over the previous month, even while indicating the fifth successive monthly contraction, an HSBC survey said. The HSBC/Markit Purchasing Managers Index for the
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Montek Singh Ahluwalia pitches for more Free Trade Agreements
November 06, 2013 20:59 ISTNew Delhi: Coming out in favour of free trade pacts, Planning Commission Deputy Chairman Montek Singh Ahluwalia said that India "clearly and unambiguously" needs to ink more such agreements. India has signed free trade pact
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India was hit hardest, but recovery also strongest: Anand Sharma
October 12, 2013 22:48 ISTONBOARD PM'S SPECIAL AIRCRAFT: India took the hardest hit during the recent financial market turmoil, but the country has also staged the “strongest recovery”, Commerce and Industry Minister Anand Sharma said today.Despite all the volatility,
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