Industry

South and North together account for nearly two-thirds of jobs; Uttar Pradesh gains, Kerala and Uttarakhand slip

No PLI scheme for leather, footwear and toys planned: Govt tells Parliament

Union minister of state for commerce and industry Jitin Prasada stated in the Parliament that in 2024-25, India's total export of leather, leather products and footwear was $4,828.97 million. Of this, 35.17% or $1,698.59 million worth of exports went from Tamil Nadu alone.

Govt striving to resolve China’s rare earth import issue for India: Commerce Secretary

'IIndia's diplomatic and commercial communication should yield a positive result on import of rare earth magnets from China,' said commerce secretary Sunil Barthwal.

Govt relaxes SEZ norms for manufacturing chips, electronic components

The minimum land required for setting up a factory has been reduced to 10 hectares from 50 hectares in special economic zones for semiconductors and electronic components and to 4 hectares from 20 in multi-product SEZs

Aequs flies beyond Bengaluru: Nearly every aircraft delivered globally today has parts made in Belagavi

The company has diversified from aerospace manufacturing into consumer products such as toys, cookware, and electrical components.

Negligible small enterprises in UP, hardly any factories in Bihar, finds Eco Survey 2025

In contrast, Tamil Nadu has the highest number of factories per person, followed by Gujarat

National Coal Index dips 13%, indicating robust domestic supply

Coal accounts for about three-quarters of India’s power generation and its demand is seen to be rising despite the country’s renewables plans.

Karnataka to hold skill summit, revamp industry cell to boost job opportunities for youth

The move comes after the government shelved a bill proposing job reservations for locals in the private sector following industry backlash

Andhra’s investment promotion board approves projects worth Rs 85,000 crore, likely to create 34,000 jobs

The SIPB cleared proposals for launching 10 heavy industries, which include ArcelorMittal and Nippon Steels, which will establish an integrated steel plant (including capital port) at Bagaraiahpeta near JV Nakkapalli.

Karnataka’s new industrial policy likely to link incentives to job generation, green practices and women employees

The industrial policy for 2025–2030 aims to position the state as a $1 trillion economy, focusing on employment, increased participation of women in the workforce, and environmental sustainability.

Madhya Pradesh gets Rs 31,000-crore investment proposals at industry conclave

The proposals, which include renewable energy projects and a cement plant, can generate 14,000 jobs, chief minister Mohan Yadav has said

Commerce minister Goyal bats for separate non-profit to house Start-up India, BHASKAR portal

Piyush Goyal says the start-up ecosystem has become big enough to accommodate these new portals; moots idea of giving control of company to unicorns

Explainer - Justice Hema Committee report exposes rampant sexual abuse in Malayalam filmdom: Know about its origin, revelations, impact and more

The Hema Committee report, which was released on August 19, 2024, turned out to be a watershed moment for the Malayalam film industry. The report shed light on the issue of sexual harassment faced by women in the film industry. Submitted to Kerala Chief Minister Pinarayi Vijayan five years ago, the report details the systemic exploitation, abuse of power, and lobbying that have plagued the industry for decades.

Industry, services added 33% more jobs between FY14 and FY23: SBI Research

Employment addition in FY24 also points to an increase in better-paid jobs in the economy

Temple economy both stable and inclusive, unlike industries

Sanghnomics: Industrial capitalism is inherently unstable. Cities centred upon it sometimes decline as competitors emerge. In contrast, cities sustained by temple-based  economies always thrive 

Bengaluru-based Ather Energy's Rs 2,000-cr investment in Maharashtra: Priyank Kharge, Mohandas Pai react

Priyank Kharge, spokesperson for the Congress government in Karnataka and state IT-BT Minister, told Moneycontrol that they have not turned away any investor who has come for discussion. However, former Infosys CFO TV Mohandas Pai criticised the state government for not being proactive.

The positive side of India’s heat wave, industrial production to stay steady around 5% level: Economists

The index of industrial production eased to 5% in April from 5.4% in the previous month, but stayed above the 5% mark for third consecutive month.

Industry keenly awaiting implementation of 30% UPI market share cap by NPCI

The National Payments Corporation of India (NPCI) in December 2022 extended the deadline for third-party UPI players to meet its 30 per cent volume cap in digital payment transactions by two years to end December 2024.

Factory jobs zoom 7% in FY22, but average growth stays just 2.5% over 4 years

According to the results of the Annual Survey of Industries for 2020-21 and 2021-22, total factory employment rose to 1.72 crore in 2021-22 from 1.56 crore in 2017-18.

EV battery recycling the key to long-term sustainable e-mobility

A thriving EV industry cannot exist without a robust EV battery recycling ecosystem. While India’s EV battery recycling industry is in its nascent stages, promising start-ups and policies can help it become the indispensable pillar of truly sustainable e-mobility.

Enter the dragon robot

The number of robots deployed on factory floors has gone up sharply in China, much faster than in any other country in the world. Between 2017 and 2021, robot density, defined as the number of robots per 10,000 employees in manufacturing, went up from 97 to 322 in China, that is more than trebled

One worker dead, four hospitalised after gas leak in industrial unit in Raigad

A case was registered under Indian Penal Code sections for causing death by negligence, rash and negligent act endangering human life and other offences, the official added.

Vibrant Gujarat Global Summit has evolved into an institution, says PM Modi

The Vibrant Gujarat Global Summit has transformed from a one-time event into an institution. With each iteration, the summit has achieved new heights of success, further emphasising its significance, the prime minister said.

Tamil Nadu CM issues orders allowing LT consumers to modify power load based on consumption pattern

Stalin urged the department officials to take the necessary measures based on the requests put forth by the industry and textile sectors.

US finalizes rules to prevent China from benefiting from $52 billion in chips funding

The regulation is the final hurdle before the Biden administration can begin awarding $39 billion in subsidies for semiconductor production. The landmark "Chips and Science" law provides $52.7 billion for U.S. semiconductor production, research and workforce development.