Indian auto manufacturers have imported components worth $17.6 billion during 2019-20 (till now) and this is likely to increase further in 2020-21 given the transitionary phase towards stricter safety
Market experts hail decisions, saying these would certainly act as a force multiplier for India's flagging economic engine, as well its position as one of the most attractive business destinations
Industry stakeholders said the lower tax payable would now mean more liquidity in the books of companies, which should reflect in higher investment
Open cell panel is an important part of TV manufacturing and cover more than half cost of the unit
PMI survey says competitive pressures and challenging market conditions restricting growth.
This is the 25th consecutive month that the manufacturing PMI has remained above the 50-point mark
However, it has remained above the 50-mark separating growth from contraction for more than two years
As India's investment and consumption activity worsened in July, the measures announced by the FM to revive the economy will boost market sentiment but are unlikely to propel growth
Economic momentum has stalled for the past year, and there are few signs the situation will improve any time soon
Industrial production growth declined to 2 per cent in June, mainly on account of poor show by mining and manufacturing sectors.
The moves by US companies add up to a reordering of global manufacturing supply chains as they prepare for an extended period of uneven trade relations
Talks are at an advanced stage with Nokia and Motorola that plan to introduce TV models in the Indian market
This is the 23rd consecutive month that the manufacturing PMI has shown a growth
Says Niranjan Nadkarni of TUV SUD while explaining the impact of digitalisation in today's world
In this interview, Ranganath NK, MD, Grundfos India, tracks the development of pumps market
The company received these orders from East Central Railways and BHEL
While market is expected to reach $ 400 bn by 2020, domestic production to account for just $ 104 bn
Overall, Ravichandran Purushothaman believes GST will have a positive impact on Indian economy
Coca-Cola owned bottling operation in India will invest $ 900 mn to raise production infrastructure
Need to promote commercially viable research ecosystem in electronic technology, says the Minister