Manufacturing

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...

Adani Infra’s Strategic Acquisition in PSP Projects

Adani Infra, a subsidiary of Adani Enterprises, announced the acquisition of a 30.07% stake in PSP Projects for ₹6.85 billion ($81.2 million). This move...

JSW Steel and POSCO to Invest ₹650 Billion in Odisha Steel Plant to Boost India’s Infrastructure Growth

In the steel manufacturing sector, JSW Steel and South Korea's POSCO have announced plans to invest 650 billion rupees ($7.73 billion) in a new...

Tata Electronics Joins Hands with Pegatron: Acquires Majority Stake in Tamil Nadu iPhone Plant to Boost India’s Role in Global Production

In the technology manufacturing domain, Tata Electronics has entered into a joint venture with Pegatron, acquiring a 60% stake in Pegatron's iPhone manufacturing plant...

Skill Shortages Threaten Growth in India’s Solar Manufacturing and Clean Energy Goals

India's construction manufacturing industry is navigating a complex landscape of rapid expansion, skill shortages, and significant investments. Recent developments highlight both the sector's potential...

Expanding Export Potential in India’s Food Sector

The Indian food processing industry is set to make significant strides in expanding its export potential. India’s food exports have witnessed a sharp increase,...

Indian Electronics Manufacturing Sector Set to Reach $115 Billion in 2024

India’s electronics manufacturing sector is on track to become a $115 billion industry in 2024, according to the India Cellular and Electronics Association (ICEA)....

India’s EV Market Accelerates as BYD, Hyundai, and Ola Electric Launch New Models with Advanced Features

India's electric vehicle (EV) market continues to grow, with multiple manufacturers expanding their electric portfolios and innovative startups entering the space. Major players like...

India’s Mobile Manufacturing Sector Sees 21-Fold Growth, Reaching INR 4.10 Lakh Crore in FY24

India's mobile manufacturing sector continues to show remarkable growth, driven by major tech giants and strategic government initiatives. In recent years, the industry has...

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