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Manufacturing sector News

10 Jun 2022

IIP growth rises to 8-month high of 7.1 per cent in April

Manufacturing sector recorded a growth of 6.3 per cent in the first month. As per the data, power and mining sectors grew by 11.8 percent and 7.8 percent, respectively.

Manufacturing sector

02 May 2022

India's manufacturing sector sees faster growth in April: PMI

The April PMI data pointed to an improvement in overall operating conditions for the tenth straight month. April data showed a rebound in new export orders, following the first contraction for nine months in March. The rate of increase was solid and the strongest since last July.

Index of Industrial Production

12 Oct 2021

India's August industrial production rises by 11.9% YoY

The manufacturing sector, which constitutes 77.63 per cent of the Index of Industrial Production (IIP), grew 9.7 per cent in August. The mining sector output rose 23.6 per cent in August, while power generation increased 16 per cent. In August 2021, the IIP stood at 131.1 points compared to 117.2 points in the same month last year.

Prakash Javadekar

02 Jul 2021

Union Minister Prakash Javadekar launches 6 tech innovation platforms

Prakash Javadekar said that these platforms are a gift to the nation These platforms will help in bringing all India`s technical resources and the concerned Industry onto one platform, he added

05 Mar 2021

Manufacturing transforms every aspect of economy, says PM Narendra Modi

PM Narendra Modi deliberated on various production-linked incentive (PLI) schemes. PM Narendra Modi said that the increased manufacturing capacity results in increased job opportunities Prime Minister Narendra Modi laid emphasis on working hard to make manufacturing in India globally competitive

13 May 2019

Positive sentiment continues for manufacturing sector in Q4: FICCI survey

In terms of order books, 44 percent respondents in March 2019 quarter said they expect the number to go up as against 43 percent in October-December 2018 quarter.

08 Jan 2019

Agri, manufacturing to push GDP grow to 7.2% in 2018-19: CSO

The CSO estimate is, however, a bit lower than 7.4 percent growth projected by the Reserve Bank for the current fiscal.

Jully IIP growth

12 Sep 2018

IIP grows at 6.6% in July as manufacturing, capital goods shine

The IIP growth for June was also revised downwards to 6.8 percent from the provisional estimate of 7 percent released last month, the data showed.

12 Oct 2017

IIP growth rises to 9-month high of 4.3% in August

The output growth in manufacturing sector, which constitutes 77.63 per cent of the index, however decelerated to 3.1 per cent in August from 5.5 per cent a year ago.

04 Oct 2017

RBI knives overall growth to 6.7% but says worst behind us

The Goods and Services Tax has led to some uncertainty in the manufacturing sector, which is likely to delay revival of investment activity, it said.

06 Aug 2017

Note ban has little impact on increments in FY17: Survey

Demonetisation did not impact this year's increments in spite of all speculations to the contrary as companies doled out as much as 20 per cent to key talent in the appraisal process, finds out a survey.

new industrial policy

13 Jun 2017

Govt working on new industrial policy

The government is working on a new industrial policy with a view to promoting and developing frontier technologies, innovation and enhancing competitiveness of domestic products.

India manufacturing

01 Jun 2017

India's manufacturing sector growth falls to 3-month low in May

The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- an indicator of manufacturing activity -- declined from 52.5 in April to a three-month low of 51.6 in May.

01 Mar 2017

Manufacturing sector expands for second straight month in February

The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- an indicator of manufacturing activity -- increased to 50.7 in February, up from 50.4 in January, as output and orderbooks rose at accelerated rates.

Central Statistics Office

07 Jan 2017

FY17 GDP advance estimate: Key facts you should know

According to the first advance estimates, released by the Central Statistics Office (CSO) Friday. The economic growth is expected to be 7.1 percent in FY 2016-17 as compared to the growth rate of 7.6 percent in FY 2015-16.

India manufacturing output

01 Jun 2016

India's manufacturing output grows at slowest pace in 5 months in May

Manufacturing output in India grew at its slowest pace in five months in May, suggesting that the sector is "barely improving" and adding to the clamour for further interest rate cuts by the Reserve Bank.

15 May 2016

Manufacturing sector likely to slow down in April-June quarter: FICCI

Growth of India's manufacturing sector may decelerate during June quarter due to factors like bleak export outlook, poor demand and high cost of borrowing, a FICCI survey has said.

Auto component manufacturer

02 Apr 2016

Minda Corp to acquire Panalfa Autoelektrik

Auto component manufacturer Minda Corporation today said it will fully acquire Panalfa Autoelektrik Ltd from its existing Indian promoters entailing a total outgo of over Rs 45 crore.

Ravi Shankar Prasad

22 Mar 2016

India attracts over Rs 1.28 lakh crore in electronic manufacturing: Prasad

Total investments in electronics manufacturing sector in India, one of the world's largest consumer electronics market, has crossed Rs 1.28 lakh crore, Communications and IT Minister Ravi Shankar Prasad said Tuesday.

13 Mar 2016

Only 11% investments announced in manufacturing sector recorded: Study

Investments worth only Rs 1.6 lakh crore have been recorded out of the total Rs 15 lakh crore announced in the manufacturing sector until September 2015, according to an Assocham study.

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