Manufacturing kicks off on a strong note in 2025 as PMI climbs to 57.7
Manufacturing sector in India kicked off 2025 on a strong note, with the Purchasing Managers’ Index (PMI) climbing to 57.7 in January as compared to 56.4 in December.
Manufacturing sector in India kicked off 2025 on a strong note, with the Purchasing Managers’ Index (PMI) climbing to 57.7 in January as compared to 56.4 in December.
A National Manufacturing Mission to cover small, medium and large industries for furthering 'Make in India' was announced by Union Minister for Finance Nirmala Sitharaman while presenting the Union Budget 2025-26 in Parliament on Saturday.
The electronics sector in the country is projected to create 12 million jobs by 2027 — 3 million direct and 9 million indirect roles, a report said on Saturday.
Three persons manufacturing contraband drugs were held along with the seizure of substantial quantities of raw material used in producing such drugs.
India's manufacturing sector growth revived after an eight-month low driven by faster increases in total new orders and international sales.
Goyal’s remarks came while engaging with the CEOs of over 140 PLI beneficiary companies in an interactive session, celebrating their achievements under the Production Linked Incentive (PLI) Scheme.
India’s business growth in September 2024 has slowed to a nine-month low, signalling potential challenges for the economy as demand cools and input costs rise.
Indian active pharmaceutical ingredients (API) industry is set to grow 7-8 per cent in FY25, from an estimated size of $13-$14 billion in 2023, a report said on Monday.
The country is emerging as a top destination for foreign investment in the manufacturing sector and in the last decade, foreign direct investment (FDI) inflows in the sector surged almost 69 per cent to reach $165.1 billion, according to the government.
Manufacturing activity eased to 58.1 in July from 58.3 a month back, as new orders and ouput growth slowed marginally, results of a HSBC survey showed.
