Manufacturing

Goyal said he agrees on the need to accelerate manufacturing growth, aiming to raise it from the current 9 percent to around 12.5 percent, terming it as an achievable target.

Rare earth magnet curbs, FTA uncertainty stall govt's ambitious electric car manufacturing scheme

Asked if the scheme will be revised or the deadline extended, the Ministry of Heavy Industries replied that 'no such proposal is presently under consideration'

China imports $700 billion worth of components to export $1 trillion in electronics, says ICEA chairman Pankaj Mahindroo

'India’s biggest fault line is we are very inward looking, which shows in our merchandise exports,' the ICEA chairman has said

US tariffs weigh as manufacturing slows to a 9-month low of 56.6 in November

Despite the moderation, the index remains firmly in expansion territory and above its long-run average

OPINION | India's Manufacturing Moment: Shaping the factories of tomorrow

India's manufacturing sector is evolving with advanced, tech-driven processes. Initiatives like Make in India, along with AI, robotics, and IoT, are boosting efficiency and growth

GST cut on solar modules offers limited relief as developers flag input credit challenges

Power regulator CERC issued a suo motu order on November 4 directing all renewable energy developers (solar, wind, etc.) to pass on the benefit of the reduced tax rate to the discoms and, ultimately, to end consumers through a corresponding reduction in the electricity tariff.

India mulls wider Swadeshi manufacturing policy to cut import dependence amid FY27 Budget preparations

More labour-intensive sectors may be added as India looks to expand the scope of its manufacturing policy beyond the existing clusters.

How Indian MSMEs can power the global chip supply chain

The entire MSME sector contributes approximately 29 percent to India's GDP, and accounts for 40 percent of exports, according to NITI Aayog.

Collins Aerospace inaugurates new manufacturing facility near Bengaluru airport, to create 2,000 jobs

CM Siddaramaiah inaugurates the USD 25 million facility, which will create over 2,000 skilled jobs in R&D and advanced manufacturing.

Global manufacturing rebounds in October; Asia leads as India, Thailand, Vietnam shine

Asia PMI hits 14-month high; India continues to drive global factory output

OPINION | India’s consumption boom must power its manufacturing future

India’s GST cuts have boosted consumption, but rising imports threaten domestic industry. To harness this demand, India must strengthen manufacturing through import substitution, PLI schemes, and strategic trade partnerships

Lopsided IIP Growth: Five sectors drive gains, half of manufacturing languishes

September's industrial production data reveals a troubling paradox: while consumer durables and automobiles surge on festive demand, the broader manufacturing base is shrinking, with staples contracting and robust growth concentrated in just five of 23 sectors

Zetwerk files lawsuit against its former exec’s new firm Ayr Energy in Texas court

Zetwerk estimate losing nearly $77 million in potential orders and allege that Ayr’s revenues from the disputed business could exceed $250 million.

Global telecom gear makers in talks with govt to bring in suppliers to boost local value addition

Companies are in talks with DoT, which is working on policy measures to boost local content, both electronic and non-electronic components, as part of India’s push to build a self-reliant telecom equipment supply chain

Will electronics industry’s hi-tech value addition bid succeed?

While PLI-1 successfully ramped up India’s manufacturing ecosystem and built OEM confidence, PLI-2 aims to deepen value addition and diversify the export basket

OPINION | Electricity Amendment Bill 2025: A game changer for Indian manufacturing

For industry, the defining feature of India’s electricity framework has been the statutory need to cross-subsidise retail users. The draft bill proposes the undo this aspect, potentially transforming manufacturing by enhancing its global competitiveness 

Focus on quality or be ready to be blacklisted, Ashwini Vaishnaw tells railway manufacturers

We have to significantly improve quality - whether it is signalling or earthing or track equipment, or components that go into manufacturing of locomotives and coaches. We should be procuring the best in the world, the railway minister said.

India’s solar cell manufacturing capacity to more than double to 65 GW by June

Documents seen by Moneycontrol show that the renewable energy ministry aims to have manufacturing capacities of 150 GW for solar modules, 100 GW for solar cells and 39 GW for wafers by 2030

Manufacturing startups look to tap rare-earth-free motors as China tightens grip on supply

Industry players have engaged with commerce minister Piyush Goyal and the ministry of heavy industries, seeking incentives to support rare-earth-free technologies alongside mining

Apple ramps up iPhone machinery manufacturing in India amid China squeeze

Around 17 companies have directly started working with Apple in India for capital equipment and tools over the last 20–24 months and the number is only expected to go up

Reopening of PLI for ACs and LEDs to drive self-reliance

The current window for select white goods offers mid-sized firms to tap into a growing market as supply chains get localized and entry barriers have become lower. While the intention is commendable, implementation is not without challenges 

India’s business activity eases in September but PMI still above 60

The Flash HSBC India Composite PMI Output Index came in at 61.9, the fourth straight month it has stayed above the 60 mark

PM Modi may be signalling a seminal thrust towards swadeshi and atmanirbharta

The message of the speech, in the backdrop of the tariffs and visa issues, is probably to indicate that hereafter India should and will learn to go it alone, writes Latha Venkatesh

Govt plans to review if firms following production norms for made-in-India tag: Report

The government review will scrutinize production facilities, sourcing of raw materials, components and compliance with value-addition norms

India will have indigenous solar cells, wafers and ingots by 2028: Pralhad Joshi

Pralhad Joshi also said that so far about, Rs 50,000 crore has been invested in the country's solar equipment manufacturing sector.