Page 2 - India's Manufacturing Sector

Manufacturing sector will need continued policy support: RBI article

The manufacturing sector will need continued policy support for smoother and faster recovery to attain the long-term trend path, according to a Reserve Bank article.

Bigger firms pass on surging input costs to consumers, smaller ones stuck

Smaller manufacturers are resorting to cuts in the wage bill to keep afloat, as the demand situation in the economy remains low

Factory orders, production rise at slowest rates in 8 months in April: PMI

India's manufacturing sector activity was largely flat in April, as rates of growth for new orders and output eased to eight-month lows amid the intensification of the COVID-19 crisis

Oxygen diversion to have limited impact on manufacturing sector: Analysts

Revenues of small and mid-sized companies into metal fabrication, automotive components, shipbreaking, paper, and engineering may get impacted temporarily, says CRISIL.

India plans higher levy on some imported goods to boost local manufacturing

Refrigerator, washing machines, cloth dryers, aluminum and electrical goods are among products likely to see an increase in customs duty, the people said asking not to be identified citing rules

PLI scheme: Lava seeks to reboot with first locally made smartphone

Wishes to cash in on geopolitical situation, hopes anti-China sentiment will work in its favour

What ails Indian manufacturing? Industry captains speak their minds

The manufacturing sector has been languishing long before coronavirus, despite the intended push from Make-in-India; Business Standard attempts to find out why

Japan to subsidise manufacturers if they shift to India from China: Report

The subsidy aims to reduce Japan's reliance 'on a handful of links' in its supply chains, says Nikkei Asian Review.

August manufacturing activity hits growth after 4 months, PMI rises to 52

New orders pulled up output, but job losses continue for 5th month

Make Indian manufacturing competitive to curb Chinese imports: R C Bhargava

He also called for a comprehensive understanding of the circumstances and taking informed decisions on the pros and cons of importing from China before being swayed by sentiments

Sensible to buy local even if it's costlier than imports: Piyush Goyal

Indians will have to pay 'terrible prices' if domestic manufacturing doesn't survive in long run, say minister

How Covid-19 gave a push to domestic med tech manufacturing industry

From PPEs to ventilators to face shields, manufacturers have invested money to ramp up production and deliver during this crisis

Market Ahead, April 3: All You Need To Know Before The Opening Bell

Reliance Industries will be in focus today after the oil to telecom conglomerate yesterday said the company's board has approved a proposal to raise Rs 25,000 crore through non convertible debentures

Coronavirus impact: Feb manufacturing PMI slips marginally to 54.5

Coronavirus scare keeps companies spooked and business optimism low

Statsguru: Decoding Indian economy's growth risks and muted outlook

The stress lies in the manufacturing and construction sectors, the biggest employers of semi-skilled labour

Stop the protectionist trend

Budget should reverse two-year slide towards closed economy

India needs to strengthen manufacturing to achieve $5 trn economy: Prabhu

He also said that exports are going to be the main driver of economic growth

Rise in new orders boosts manufacturing PMI to 7-month high in December

But weak market conditions keep firms spooked and business optimism low

India Inc emphasises on exports of local goods for becoming $5 trn economy

The executives stressed on the need for Indian manufacturing to become globally competitive and join global value chain as the key ingredients for becoming a $5-trillion economy

Manufacturing PMI improves to 51.2 in Nov, but demand remains subdued

Although business conditions in the Indian manufacturing sector improved in November, the rise, however, remained subdued compared to earlier this year and the survey history, the study said.