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GLOBAL MANUFACTURING EXCESS CAPACITY
India joins US, 13 economies in joint statement to address global excess capacity after G20 meetingIndia, along with the United States and 13 other economies, has signed a joint statement aiming to address structural excess capacity. The ...
Ericsson to export India-made antennas to Europe; India has competitive edge for 6G: ExecutiveEricsson will export antennas manufactured in India to Europe, as the country’s rapid 5G rollout gives it an edge in moving towards 6G, sen...
Manufacturing sentiment improves in Q2In the second quarter of FY27, India's manufacturing sentiment showed improvement as factories raised capacity utilization to 75.5%. Accord...
The sheer energy India brings with itIndia has provided power connections to over 300 million people since 2015 and improved gas supply accessibility. The country has installed...
Global Market: AMD to increase AI chip supply substantially in 2027 to meet rising demandAMD plans to substantially increase chip supplies in 2027 as demand for AI processors accelerates. CEO Lisa Su is working with key supplier...
India’s factories power up as demand, output and hiring improve in Q2: FICCI surveyManufacturing sentiment in India improved noticeably in the second quarter of FY27, reflecting increased expectations for production and de...
UltraTech commissions 116.55-MW wind project; 1st Indian co to hit 2 GW captive green power capacityUltraTech has become the first Indian company to cross 2 GW of captive green power capacity with a recent commissioning of a 116.55-MW wind...
Govt pushes rare-earth magnet capacity as India seeks greater control over critical manufacturing inputs: Shaktikanta DasThe government is working to build domestic capacity for rare-earth permanent magnets, crucial for automobiles, electronics and other manuf...
US 'severely disappointed' in lack of G20 consensus on overproductionThe US G20 presidency expressed disappointment after trade ministers failed to reach agreements on excess capacity. A draft statement aimed...
G20 ministers discuss curbing impact of govt-backed excess manufacturing capacities: Piyush GoyalG20 trade ministers focused on preventing unfair manufacturing practices caused by government-supported large production capacities. Discus...
Economic resilience cannot mean global insulation; domestic production "may cost more": Principal Secy to PMPK Mishra emphasized the need for India to remain open to global markets while enhancing economic resilience. He indicated that domestic pr...
Piyush Goyal calls for WTO-compliant approach to correcting global trade distortions at G20 Trade Ministers' MeetUnion Minister of Commerce and Industry Piyush Goyal called for a World Trade Organization-compliant approach to tackle trade distortions a...
Piyush Goyal at G20: India has no ‘structural excess capacity’, rejects dumping concerns based on broad country-wide assumptionsIndia does not have structural excess manufacturing capacity in sectors flagged by the G20 presidency, Commerce Minister Piyush Goyal said,...
Goyal at G20: India opposes making MFN conditional on WTO obligationsUnion Minister Piyush Goyal represented India at the G20 Trade Ministers' Meeting, emphasizing the importance of the Most-Favoured-Nation p...
Piyush Goyal says India does not have structural excess manufacturing capacityPiyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian produc...
Global factory activity boosted by AI spending boomAs AI investments surge, manufacturing activity in Europe and Asia grows noticeably. India boasts significant expansion in its manufacturin...
Piyush Goyal calls for clear distinction between food supply ‘weaponisation’ and food-security measuresPiyush Goyal addressed the G20 Trade Ministers' meeting, focusing on the distinction in food supply chain strategies. He emphasized the nee...
US Trade Representative Greer jokes Piyush Goyal is 'trade minister for life' as G20 trade talks open in MilwaukeeUS Trade Representative Jamieson Greer opened a two-day G20 trade ministers' meeting in Milwaukee addressing key issues. During the event, ...
Greer urges G20 to back Trump tariff agenda, takes aim at ChinaUS Trade Representative Jamieson Greer urged G20 major economies to refrain from coercive food trade actions. He emphasized the need to tac...
US to factor trade-deal tariff caps into new duties on excess capacityUS Trade Representative Jamieson Greer emphasized the administration's focus on tariff caps during ongoing investigations. Excess industria...