Manufacturing News
Asian manufacturing PMIs send positive signals but tariff threat tempers upside
Manufacturing conditions across much of Asia looked slightly stronger midway through the fourth quarter, but trepidation about U.S. tariffs and the economic hit they’ll deal is taking some of the shine off the data.
3 min read2 Dec 2024India’s manufacturing growth falls to 11-month low in November amid price pressures and weaker demand
Export orders hit a four-month high, offering a silver lining as domestic demand falters under rising costs.
3 min read2 Dec 2024India’s economic slowdown calls for a well-crafted response
The Indian economy’s second-quarter loss of pace shouldn’t be given ‘blip’ treatment. It has underlying trends that risk reinforcing the slump’s key causes. Policy must act in support of private investment, employment and consumption.
2 min read2 Dec 2024Battery parts may get a ₹9,000 crore push
Electrodes are the costliest components of a battery cell, with cathode and anode costing about 21% and 15% respectively, an industry report showed
4 min read2 Dec 2024Size matters: Decoding Indian manufacturing’s problem of scale
The chief executive officer of an Indian manufacturing company recently admitted that his firm would be more competitive internationally if its factory sizes were bigger—larger plants reap economies of scale better. However, he deliberately chose not to grow. Why?
9 min read1 Dec 2024To generate jobs, India should consider a jobs-linked incentive scheme
While the employment scheme announced by the government in this year’s budget does encourage companies to expand payrolls, what may work better is a programme that mirrors the PLI scheme in making direct payments for meeting specific targets.
4 min read28 Nov 2024To challenge China, India needs to get out of the way of its factory owners
India has a fresh chance to become a manufacturing powerhouse with the election of Donald Trump, who has promised to levy sky-high import tariffs on Chinese goods.
7 min read23 Nov 2024Services sector boosts business activity as manufacturing growth slows in Nov
The HSBC flash survey shows new business gains and export sales boosted output growth across India’s private sector economy in November
2 min read22 Nov 2024Hypersonic missiles: The age of AI is raising risk levels
Last week’s test of an indigenous hypersonic missile by India’s DRDO marks a leap in technology and updates the country’s nuclear deterrence. But dangers lurk in the global race to develop these speedy and sneaky weapons, with new risks posed by the increased role played by AI in how these operate
1 min read19 Nov 2024RITES sets sights on Africa for export of refurbished and underutilized railway diesel locos
RITES is looking to scale up the share of exports in its revenue to 20-25% in the next couple of years, and orders for diesel locos would help it fast-track scaling up export revenue.
3 min read7 Nov 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared