Category : Search result: India manufacturing sector


Tembo Group Gets Defence Licence for Amravati Pistol Plant

Tembo Group secures defence licence for Maharashtra's first handgun factory in Amravati. Plans to produce 30,000 pistols annually by September and 12 crore bullets in two years. A major boost for 'Make in India' in defence manufacturing.

India's Manufacturing Growth Slows to 2-Year Low in December

India's manufacturing sector growth eased in December 2024, with the HSBC PMI hitting a two-year low of 55.0. Export orders and employment moderated, while business sentiment weakened. Explore the key drivers and implications.

India Targets Top 4 in Chip Manufacturing by 2032

India's semiconductor push, backed by Rs 1.6 lakh crore in approved projects and talent from 298 universities, aims to make it a top-4 global player by 2032 and the best by 2035. Read more.

Govt Weighs New Smartphone Incentives Post-2025

India's Meity Secretary S Krishnan reveals discussions on extending or replacing the mobile phone PLI scheme set to expire in March 2026. The move aims to sustain manufacturing growth and boost local value addition.

Industrial Growth Hits 25-Month High at 6.7% in Nov

India's industrial production surged to a 25-month high of 6.7% in November, driven by strong manufacturing and mining. Consumer durables and capital goods show robust growth. Read the full analysis.

Auto PLI Funds May Double to ₹5,500 Cr in FY27

India's government plans to nearly double auto PLI scheme funds to ₹5,500 crore for FY27 to boost EV manufacturing, but rejects pleas from new-age automakers to reopen applications. Explore the impact.

Samsung India Head Sees Global Shift from China to India

Samsung India CEO JB Park reveals global brands are shifting manufacturing from China to India, driven by PLI schemes and a vast consumer market. India contributes 10% to Samsung's global revenue. Explore the future of tech and AI in India's growth story.

TN Economy Hits 16% Growth, Manufacturing Sector Booms

Tamil Nadu's economy grew by 16% in 2024-25, driven by a booming manufacturing sector with over 40,000 factories. The state's GSDP reached Rs 31.19 lakh crore. Read more about this impressive growth story.

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