The Nikkei India Manufacturing Purchasing Managers' Index (PMI), a composite indicator of manufacturing performance came in at 52.1 from 52.4 in January 2018.
Days after Apple began the manufacturing of iPhone SE in Bengaluru providing a major impetus to the government’s ‘Make In India’ campaign, India has now offered Apple Inc. tax-free import of components needed for local manufacturing, reports Reuters.
Apple is expected to start “trial assembly” of iPhones in India next month in the industrial unit of Peenya, Bengaluru, without waiting for the government to decide on its requests for certain concessions.
Ignoring India's growing competitiveness in the manufacturing sector could have dangerous consequences for China, a state-run Chinese daily said today
Wholesale inflation broke the 3-month declining trend and rose to 3.39 per cent in December 2016, mainly due to rise in prices of manufactured items, even as food articles turned cheaper. The wholesale price
In line with Modi government's efforts to move towards a cashless economy, the Centre is planning to make it mandatory for payments to be made only through cheque or directly into the bank accounts of
A new report by United Nations has said that India is on the path of becoming a “pivot” for for high-tech world manufacturing even as global manufacturing growth is expected to remain low in 2016
New Delhi: In an attempt to make India a manufacturing hub for US-based electric car major Tesla, Union Minister Nitin Gadkari offered the firm a joint venture with Indian Automobile Sector for Electric Vehicles.
New Delhi: Manufacturing output grew at its slowest place in five months in May on rise in input costs and contraction in demand from abroad, a monthly data showed today adding to the clamour for
In order to create jobs on a large scale, India should emerge as an attractive destination for big manufacturing firms that are moving out of China because of rising wages and demographic transition, NITI Aayog Vice Chairman Arvind Panagariya said.
New Delhi: Government is planning to create coastal economic zones along the country's 7,500-km long coastline covering many states, ports and special economic zones having uniform policy to further boost manufacturing."There is a thinking in
Beijing: In the second such instance within a week, trading on the Shanghai and Shenzhen bourses was halted after shares plunged over 7 per cent within the first 30 minutes of trading, triggering the circuit
New 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
New Delhi: Industrial output for the month of October grew 9.8 per cent in comparison to the levels in the same month during the previous year, in a possible sign of economic recovery.This is the
New Delhi: Narendra Modi led NDA government will soon roll out a series of executive measures to make India more investor friendly and give the economy a push.The recent announcement of foreign direct investment policy
New 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
New Delhi: Slovenian firm Pipistrel, which has signed a deal with the Defence Ministry here for 194 micro-light aircraft, may set up a manufacturing unit here if its gets the follow-on order or more business
New Delhi: Manufacturing growth slipped to a five-month low in February as the pace of order-flows slowed and companies also reduced their workforce numbers during the month, says an HSBC report.The headline HSBC India Purchasing
New 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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