Page 3 - Indian Industry

Industry fears supply chain disruption amid curbs on Chinese imports

Global companies that manufacture here say the move will impact their supply chain and force them to halt production.

India has the ability to reduce dependence on China, cut deficit: Report

The trade deficit contraction estimate has been made for FY22, assuming for a fourth of the items in the 40 specified sectors being sourced locally, Acuite Ratings and Research said.

Covid-19 to accelerate adoption of automation technologies, says Nasscom

The report cited sewing machine operators, graders and sorters of agricultural products as examples of completely automatable occupations

Covid-19 crisis: PM Modi says growth will return, more reforms in the works

He said the pandemic might have applied the brakes on the speed of the economic growth, but the country had left behind the phase of lockdown and entered the first phase of unlocking.

Jobs as memory: Don't invite new anarchies on top of that wrought by Covid

Will people buy as many cars as before? How much office space becomes surplus as office-goers work from home? How will that impact construction? T N Ninan raises some questions the future invites

Day 1 of lockdown 3.0: India limps back, but industry still in limbo

With public transport still not allowed in 130 red-zone districts, which comprise some of the economically important urban centres, people took out their private vehicles.

Centre owes Rs 3 trillion to states and industry amid Covid-19 outbreak

Assocham President Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of I-T, VAT, and GST, and compensation

Lockdown 3.0: Industry bodies welcome relaxations, some confusion remains

Reiterate demand for a stimulus package

Centre seeks India Inc's view on economic revival amid Covid-19 outbreak

Key demands and suggestions include improving liquidity, cutting customs duties and goods and services tax (GST) rates, expediting all refunds and a halt on tax scrutiny

PM Modi to make it official today: Lockdown will stay with caveats

But, even if lockdown restrictions are eased, labour remains the biggest challenge for both agriculture and industry.

Industrial activities that may be allowed during the lockdown

Districts and states will not be in a position to sustain the expenditure on the stay of migrant labour so they could instead be used for construction activity

Manufacturers will struggle to get labour back after lockdown is lifted

Factory workers can only be brought back if there is assurance of advance payment and compensation, besides safety at the workplace, say manufacturers.

Shun hesitation, make investments to drive growth: Sitharaman to India Inc

At a post Budget interaction at a CII event here, the minister said the government was there to facilitate the industry

Coronavirus: Indian industry may get to fill gap left by Chinese traders

The real impact of trade can be gauged after February 8, when the Chinese Lunar Year holidays end

RCEP: Two futures for India and its industry

Our poor trade performance reflects poor industrial competitiveness. The sooner industry addresses this, the better for India

Indian industry does not have level playing field, says ICL's N Srinivasan

Srinivasan also told entrepreneurs that there was no room for 'complacency'