Businesses are pinning their hopes on a revival in consumer demand during the upcoming Diwali religious festival in India
The Index of Industrial Production (IIP) is now expected to remain muted this fiscal year
Like fans of filmstars or cricketers, investors have shown abiding faith in Mr Modi, who is still seen as a doer with the right intent and strong will
The MSME sector accounts for 30 per cent of the country's gross domestic product, anchoring 45 per cent of total industrial production
India has the manpower, but skill levels fall short and government rules are relatively restrictive
The government shouldn't worry about the latest quarterly growth figures
India is missing out on global value chains because of its inadequate transport infrastructure, land and labor regulations and tax structure
This is the 15th consecutive month that the manufacturing PMI remained above the 50-point mark
The estimates are part of Ficci's latest quarterly survey which assessed the sentiments of manufacturers for the second quarter for twelve major sectors
National Awards for Manufacturing Competitiveness(NAMC), was held on September 28 at Hotel ITC Grand Maratha, Mumbai
The manufacturing sector's deteriorating business sentiment underlines a view that the economic rebound is likely to be a bumpy one
Modi also hailed India's ties with Uganda and other African nations
Make in India initiative and plans to set up coastal economic zones of the government can take a leaf out of the World Bank report which says that advances in technology and changing trade patterns are affecting opportunities for export-led manufacturing. The report, Trouble in the Making? The Future of Manufacturing-Led Development, says smart automation, advanced robotics and 3-D printing are new factors influencing which locations are attractive for production. While these shifts threaten significant disruptions in future employment, particularly for low-skilled workers, they also offer opportunities, according to this new report, released on Wednesday by the World Bank Group.It underscores the resulting changes in the manufacturing sector's ability to create jobs and lift people out of poverty in developing countries. It encourages policymakers to adjust their approach to spurring job creation in manufacturing and readying workers for the jobs of the future."Technology and ...