Manufacturing Growth

Taiwan Semiconductor Manufacturing Co (TSMC) announced an investment of at least $100 billion in the United States to expand its semiconductor production. The investment will fund five new advanced fabrication facilities, with a significant portion directed to Arizona, where TSMC has already invested heavily. This expansion, which follows a prior $65 billion commitment during President Biden's administration, includes three new fabrication plants, two advanced packaging facilities, and a research and development center, creating approximately 40,000 construction jobs over the next four years. TSMC's CEO, C.C. Wei, stated the investment would support advancements in AI and smartphones. Taiwanese officials have said they will review the investment to ensure it aligns with Taiwan’s semiconductor interests, considering the sector's competitiveness. There are concerns that shifting too much production abroad could weaken Taiwan’s "Silicon Shield," its dominant role in chipmaking, which is seen as a key geopolitical asset amid tensions with China.

How to plug the target-reality gap in manufacturing march?

With 17 percent at present, it is tough for India to ratchet up manufacturing’s share in GDP to 25 percent by next year

India’s industrial output growth slows to 4.9% in March as mining production loses steam

For FY24, India's Index of Industrial Production (IIP) stood at 5.8 percent against 5.2 percent in the previous year.

India manufacturing growth eases in August on softer domestic demand: PMI

Data on Friday showed India's economy expanded 8.2 percent in the April-June quarter, its fastest pace in more than two years, driven by solid growth in manufacturing and consumer spending.

China's July manufacturing growth slows on trade dispute, softer domestic demand

The official Purchasing Managers' Index (PMI) released on Tuesday fell to 51.2 in July, from 51.5 in June and below the 51.3 in a Reuters poll of economists. It was also the lowest index reading since February but remained above the 50-point mark that separates growth from contraction for a 24th straight month.

China manufacturing growth slows

Manufacturing activity in China slowed slightly in December, official figures showed today, as the world's second largest economy stabilises.

Factory output growth slows down on demonetisation move: PMI

The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- a gauge of manufacturing performance -- fell to 52.3, down from a 22-month high of 54.4 in October.

Manufacturing growth to remain flat in coming months:SBI Index

The yearly SBI Composite Index for October remained stationary at 50.2, compared to September. The monthly index declined marginally to 52.1 in October from 52.6 in September.

PMI: Manufacturing in Sep moderates, room for lower rate

Manufacturing growth in India eased slightly amid a slower increase in new business orders while subdued inflationary pressure may prompt RBI to reduce key policy rate, a monthly survey said.

Indian manufacturing growth at 13-month high in August

The data will cheer policymakers after an official report on Wednesday showed Indian annual economic growth slowed in the April-June quarter to 7.1 percent, short of expectations for 7.6 percent in a Reuters poll.

'Lop-sided' euro zone factory growth slowed in July: PMI

Markit's Purchasing Managers' Index for the bloc fell to 52.0 in July from 52.8, just beating a flash estimate of 51.9. An index measuring output held comfortably above the 50 mark that separates growth from contraction at June's 53.9.

Most states may not follow Kerala 'green tax' way: RC Bhargava

With the decision on diesel vehicle ban in Delhi still pending, the Kerala government is now mulling a green tax to reduce pollution in the state.

Negative IIP does not imply halt in industrial growth: Ind-Ra

The rating agency said the negative growth in November 2015 is an outcome of a higher base, the slowdown is evident across all the broad-based sectors namely mining, manufacturing and electricity.

All work and not much pay for India's manufacturers

While there is no comprehensive data for the cash cycle of India's manufacturing industry, manufacturers interviewed by Reuters in the industrial heartland of Gujarat say cash is moving at a glacial pace.

Analysts lifts growth target; SBI sees GDP clipping at 5.8%

"Based on Q1 GDP numbers at 5.7 percent, we are now revising our forecast for the full fiscal growth to 5.78 percent," SBI Research's Soumya Kanti Ghosh said in a note

Poor core sector nos; Jan IIP to be better than Dec: Nomura

Sonal Varma, India economist at Nomura Financial Advisory Securities says that though the core sector growth number is weaker than expected, the headline IIP is likely to come with some strength.

GDP inline with estimates; won't affect RBI policy: Experts

Industry experts tell CNBC-TV18 that they are not shocked with the GDP number, and that it is inline with estimates.

September factory growth weakest since March'09

Indian manufacturing growth nearly stalled in September, turning in its weakest showing since March 2009 on slowing output and order growth as a year-and-a-half of interest rate increases and weakening global conditions take a toll on Asia's third-largest economy.

High interest plays spoilsport for Indian mfg: UNIDO

Frequent increases in interest rates for taming inflation have led to slowdown in India's manufacturing growth, dampening business confidence, a UNIDO report said today.

Manufacturing rolls ahead in India, slows in S.Korea, China

India's manufacturing growth picked up in April to reinforce expectations the Reserve Bank of India (RBI) will raise interest rates this week, while China's factory sector cooled to suggest monetary tightening was biting into the economy deeper than expected.

Hope to see robust manufacturing growth: TCA Anant

CNBC TV18's Rituparna Bhuyan in an interview with the chief statistician of India, TCA Anant, asked him about the risks to the 8.6% growth estimate.