Manufacturing
HSBC PMI Index: India’s Manufacturing Momentum Continues; Employment Rises for 12th Straight Month
India’s manufacturing sector continues its strong growth streak, backed by rising industrial output and robust domestic demand. According to the latest S&P Global Manufacturing...
Global Giants Invest in India’s Growing Manufacturing Sector
India's manufacturing sector has undergone a significant transformation, evolving from a focus on domestic production under the "Make in India" initiative to becoming a...
Paper Industry’s Bold Move: Rs 25,000 Crore for Capacity, Tech and Sustainability
India's paper industry is poised for significant growth as manufacturers plan to invest ₹25,000 crore to enhance production capacity and adopt advanced technologies, according...
Construction Equipment Manufacturers: ACE Shares Surge Amid JV Talks with Japan’s Kato Works
Shares of Action Construction Equipment (ACE) rose nearly 3% on June 20, reaching an intraday high of ₹1,560 apiece on the NSE. The surge...
Kobelco Launches SK80 Excavator, Strengthening India’s Position as a Key Hub for Construction Equipment Manufacturers
Kobelco Construction Equipment India Pvt Ltd, a subsidiary of Japan-based Kobelco Construction Machinery Co, has launched its SK80 Excavator under the Government of India’s...
Sany India Targets 35% Growth in 2024, Strengthens Position Among Construction Equipment Manufacturers
Sany India, a leading construction equipment manufacturer, is poised for significant growth, targeting revenue of ₹8,000 crore this year—a 25% increase from 2023. With...
Gaurs Group to Invest ₹4,750 Crore in Residential and Commercial Project
In a significant development, Gaurs Group, a leading real estate developer in north India, has announced plans to invest approximately ₹4,750 crore in a...
India’s GDP Growth Slows to 5.4% in Q2 2024 Amid Manufacturing Slump and Weak Urban Demand
India's economy experienced a sharper slowdown than anticipated in the July-September quarter of 2024, with GDP growth declining to 5.4% year-on-year. This figure falls...
India’s Construction Equipment Sales Surge 15% in October 2024, Driven by Infrastructure Boom
According to a report by the Indian Construction Equipment Manufacturers Association (ICEMA), construction equipment sales in India have grown by 15% in October 2024,...
Skills Shortage Challenges India’s Clean Energy Goals
A significant skills shortage in India's solar industry, posing challenges to the nation's clean energy ambitions. Manufacturers of solar panels, cells, and storage batteries...
