Manufacturing

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.

Carlyle, ChrysCapital in talks to invest $200 mn in Nash Industries at $500 mn valuation

With multiple facilities in Bengaluru, Pune and Chennai, Nash Industries serves diverse sectors including automotive, aerospace, defense, healthcare, banking hardware and electrical systems.

Andhra clears Rs 856-crore package for Syrma SGS to set up India’s largest printed circuit board plant

Syrma SGS will invest of Rs 1,595 crore and the plant will be built in partnership with Korea's Shinhyup Electronics

Aatmanirbhar Bharat and the rise of India’s manufacturing power

India’s shift towards self-reliance is evident in its growing role in global value chains, with innovations in manufacturing, defense, and transportation. Aatmanirbhar Bharat emphasizes assertive growth, quality standards, and policy support

Post PM Modi visit, textiles now weaving stronger ties in China

US tariffs are likely to severely impact one-fourth of India's textile exports in the next six months, according to experts

What tariffs? PMI data shows manufacturing rising across Asia

India’s momentum was supported by resilient domestic demand and improved pricing power. Elsewhere in Asia, China’s PMI returned to expansion at 50.5, up from 49.5 in July; Malaysia touched a 15-month high, Thailand reached a 13-month high, and Indonesia hit a five-month peak

Employment in formal manufacturing more concentrated in fewer states

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

Industrial output remains subdued as July IIP records 3.5% growth, helped by manufacturing

The uptick was in contrast with the performance of the eight core industries, which together carry a 40 percent weight in the Index of Industrial Production (IIP)

boAt to co-develop India-made chips with HrdWyr; Tata Electronics to assemble

boAt plans to integrate it into 25 percent of its devices by 2026, starting with the premium Nirvana range

Manufacturing sector expansion hits two-year high in FY24, most firms added in 13 years

The strongest growth came from basic metals, motor vehicles, chemicals, pharmaceuticals, and food processing