Toyota to resume manufacturing operations from Tuesday
Business | May 25, 2020, 05:25 PM ISTToyota Kirloskar Motor (TKM) on Monday said it will resume manufacturing operations at its Bidadi (Karnataka) plant from Tuesday.
Toyota Kirloskar Motor (TKM) on Monday said it will resume manufacturing operations at its Bidadi (Karnataka) plant from Tuesday.
RBI Governor Shaktikanta Das in a presser amid lockdown situation in the country due to the outbreak of coronavirus which has impacted businesses at large said that they are expecting normalcy to return in the second half of the year.
The National Disaster Management Authority (NDMA) has issued detailed guidelines for restarting industries, manufacturing units after lockdown. The government has issued guidelines on how to restart plants, taking care of units especially involving chemicals units, worker or labours, different department and also procedures if a worker tests positive.
India may have the best opportunity to attract foreign investment and replace China as the world's manufacturing hub, says US India Strategic and Partnership Forum (USISPF) president Mukesh Aghi.
Bajaj Auto on Monday said it has suspended production at its manufacturing facilities in view of the measures announced by the government to curb the spread of coronavirus outbreak.
"India's steel demand growth pace will slow because of weak auto and manufacturing demand... India's demand growth, remains strongest in Asia even as growth pace slows," the US-based agency said in its outlook report titled 'Asia: Steel - 2020 outlook'. The country's steel output will increase on higher capacity utilisation as demand grows.
The PMI data for October showed a continuation of manufacturing sector weakness in India, "with sales growth softening to the slowest in two years", said Pollyanna De Lima, Principal Economist at IHS Markit.
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.
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: 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
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: The manufacturing and services sectors in India expanded at a faster pace than those in China in December, even as emerging market growth remained lacklustre, an HSBC survey said.The HSBC Emerging Markets Index
New Delhi: It looks like that the RBI Governor Raghuram Rajan's working style has been putting the NDA government under a lot of pressure - resulting in an open tussle between Finance Minister, Arun Jaitley
New Delhi: Almost half of the manufacturers globally plan to double their investments on research and development in the next two years and the majority of them feel partnerships will drive innovations, according to a
New Delhi, Mar 30: After their meeting at Mumbai, the board members of US-based Goldman Sachs today met in the capital indicating the investment bank's seriousness to increase presence in the region.The board members of
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