Page 9 - Manufacturing Sector

India's manufacturing sector rises to a nine-quarter high of 13.1%

The petrochemicals sector saw a credit offtake growth of 19.14% in the first quarter

Manufacturing sectors with high production growth rose in Q1: CII

Automobile sectors continued to dominate the export scenario as well

Mfg sector activity eases in July amid softer increase in output: PMI

This is the 12th consecutive month that the manufacturing PMI remained above the 50-point mark

Manufacturing companies' sales improve in Q3, profit subdued: RBI

The net profit of the manufacturing companies declined by 2.4 per cent in the third quarter, RBI said

Manufacturing should be mandated as a key driver of growth: Amitabh Kant

The right ecosystem is that we are in a globalised world and have to be a part of the global supply chain: Niti CEO

Manufacturing sector sees cultural barrier in digital shift: L&T Tech CEO

L&T Technology Services said manufacturing companies across different nations would need a major "cultural shift" before they adopt to new technologies such as internet of things (IoT). Chief executive officer of the engineering services arm of L&T, Keshav Panda, said he has seen major cultural barrier amongst a customers across different global markets towards digital transformation, even as the manufacturing sector is readying for Industry 4.0, the age of smart factories. Panda, who is an aerospace engineer and worked on India's light combat aircraft Tejas and on the country's satellite programme, said the shift towards technology-enabled manufacturing practices, where data from machines will automate operations, amongst customers across the globe "have just started" and majority of them are worried about the transformation and customer experience. "The engineering transformation, I believe, has started (and) 75 per cent of our customers are still thinking about how to go ...