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.
Keeping in view India's vision of becoming 'Atmanirbhar', PLI schemes for 14 key sectors were announced with an outlay of Rs 1.97 lakh crore (over $26 billion) to enhance the country’s manufacturing capabilities and exports.
The adoption of electric two-wheelers is also surging in the country. The e-2W sales soared to 17,52,406 units in FY24.
The telecom equipment manufacturing sector has demonstrated exceptional growth, with total sales exceeding Rs 50,000 crore by Production linked Incentive (PLI) companies.
India's electronic manufacturing is likely to reach around $250 billion in the next five years, according to media reports.
Car sales figures for October from the Pakistan Automotive Manufacturers Association (PAMA) show that just 6200 units were sold in Pakistan, down from 8400 units in September
