Page 10 - Manufacturing

Mapping recovery

India needs a new medium-term economic road map

The stock market as mirror: The changes that they reveal, and don't reveal

While Nifty 50 reflects changes in 40 years, it also shows what is missing: Low-cost manufacturers at one end, and deep-value players at the other. Also missing are technology players, notes T N Ninan

Centre approves 14 eligible applicants under PLI scheme for IT hardware

The target segments under the PLI Scheme for IT Hardware include laptops, tablets, all-in-one personal computers and servers

Manufacturing PMI contracts 48.1 in June, despite states easing curbs

Number is below the critical no-change mark of 50 for the first time since July 2020.

Taiwanese giant Wistron exceeds PLI investment obligation in just 8 months

Apple manufacturer invests Rs 1,255 crore in India factory

Inadequate planning

PLI schemes are being spread across too many sectors

Compliance and control

New e-commerce rules expand govt role in the business

China's largest manufacturing hub Guangdong facing electricity shortages

Guangdong, China's main manufacturing hub, has been left in the throes of an electricity shortage following scarce rain and rising coal prices, casting uncertainty over 10% of its economic output

30 years after 1991: What we achieved as an economy, and what was possible

India's record has been good, relative to how other countries have done and compared also to its own previous three decades, but well short of what is required and what was possible, writes T N Ninan

Opportunities galore in the east

A deeper integration with east Asian economies could be integral to India's economic recovery in the pandemic

China's economic data disappoints in May as consumer spending lags

Retail sales increased 12.4% versus an estimate of 14%

Kirloskar Brothers sets up new manufacturing division for tech products

Leading pump manufacturing company Kirloskar Brothers Limited (KBL) has set up a new manufacturing division in Maharashtra for high-end technology products, primarily used for nuclear applications.

India to be global hub for manufacturing eSIMs with IDEMIA's help

French company plans to make Noida plant one of its largest production units

Application window for PLI scheme for white goods opens from Tuesday

The application window for the PLI scheme for white goods - ACs and LEDs - will be open for three months from Tuesday, the commerce ministry said on Monday. Commerce and Industry Minister Piyush Goyal on Monday held interaction with the industry on the Production Linked Incentive (PLI) scheme on white goods. "The interaction was held to take the feedback on the scheme, the application window for which will be open for three months from tomorrow," it said in a statement. Addressing the captains of the industry, Goyal said the scheme has been introduced to produce national manufacturing champions and it will bring cost-competitiveness, quality, efficiency and technology. The minister said that through PLI, India will leverage its competitive and comparative advantage to stake its claim in global supply chains. Goyal said that the selection of the companies eligible under the scheme will be done in a transparent and time-bound manner. PLI scheme for white goods was notified on April

US semiconductor maker Applied Materials in talks with Indian govt

Company could help with government's desire to have a semiconductor industry.

Balu Forge inks MoU with K'taka govt for Rs 200-cr manufacturing campus

Balu Forge Industries on Tuesday said it has signed a pact with the Karnataka government for setting up a new manufacturing campus at a project cost of Rs 200 crore in Belgaum

Best of BS Opinion: Course correction on vaccine, climate of treason & more

Here are the best of Business Standard's opinion pieces for Tuesday

Has India clinched the manufacturing deal?

The scheme to offer cash incentives for local manufacturing of solar equipment as well as batteries may require a few iterations to really click, or it may fly in the first round of bidding itself

Do not politicise GST Council: Finance Minister Nirmala Sitharaman

The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with further packages and interventions, says FM Sitharaman

Cabinet secy-led panel wants PLI scheme revamp to boost manufacturing

Suggests institutional mechanism, regular hand-holding for firms