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MANUFACTURING SECTOR EMPLOYMENT
India has never allowed import of GM products, will never open dairy sector: Piyush GoyalCommerce and Industry Minister Piyush Goyal emphasized India’s commitment to safeguarding its dairy sector from free trade agreement pressu...
US manufacturing strengthens in October, input prices stay highUS manufacturing activity accelerated in October, with the ISM manufacturing PMI rising to 55.5 from 54.5 in September, beating Reuters-pol...
Karnataka invites Japanese firms to scale manufacturing, tech alliancesKarnataka seeks collaboration with Japanese companies for manufacturing and innovation in various high-tech sectors. The state presents ded...
India's economic pillars show 'no fragility', says Finance Minister Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the government's commitment to increasing capital expenditure to promote economic gro...
India’s manufacturing output dominated by large factories, while smaller units lag behindIndia's manufacturing sector is highly fragmented, with large factories significantly outpacing small units in productivity and output. Whi...
Govt inks Rs 53,866.50 crore contracts with GRSE & GSL for 8 Next Generation Corvettes for Indian NavyThe Ministry of Defence has signed contracts worth ₹53,866.50 crore with Garden Reach Shipbuilders & Engineers (GRSE) and Goa Shipyard (GSL...
Bangladesh garment factories reopen as wage protests keep industry on edgeBangladesh's garment factories reopened on Monday after widespread closures and production disruptions a day earlier, but manufacturers rem...
Karnataka to mandate display of state flag at private firms amid local jobs rowKarnataka's Chief Minister DK Shivakumar announced a mandatory flag hoisting for private firms this month. This decision arises from issues...
Executive search defies broader job market uncertaintyIndia's executive search firms are reporting strong growth despite layoffs, AI-driven disruptions and global economic uncertainty. Leading ...
Assam Chief Himanta Sarma inspects new projects, inaugurates AAC block unit in TinsukiaAssam Chief Minister Himanta Biswa Sarma recently visited Tinsukia to evaluate ongoing projects and inaugurate a manufacturing unit. He ins...
Cabinet approves Khelo India Sports Goods Manufacturing Scheme with outlay of over Rs 1800 croreThe Khelo India Sports Goods Manufacturing Scheme has been approved by the Union Cabinet to develop the sports goods industry. The initiati...
US demand slowdown hits apparel, diamond exporters as factories shut and orders dry upThe apparel industry in Noida is experiencing significant upheaval, with a reduction of operational units from 2,400 to 1,800 in just six m...
Vedanta explores Rs 80,000 crore investment in West Bengal, says Anil AgarwalIn a bold move, Vedanta Group's Anil Agarwal announced an investment strategy of Rs 70,000-80,000 crore in West Bengal, set to foster job c...
'Copying China's manufacturing model may not pay off': Ashwini Vaishnaw hits back with ‘Cope harder’ remark, cites Rs 3 lakh crore PLI returnsUnion Minister Ashwini Vaishnaw has hit back at criticism of India's mobile phone manufacturing strategy with a blunt “Cope harder” remark....
India Inc wants AI talent to transform manufacturing spaceManufacturing firms are increasingly focusing on integrating artificial intelligence into their operations for efficiency. Companies such a...
Ashwini Vaishnaw says mobile PLI scheme generated Rs 25,000 crore in direct taxes, employs 12 lakh peopleIndia's mobile phone production-linked incentive (PLI) scheme has generated Rs 25,000 crore in direct tax collections against Rs 19,000 cro...
Centre working on integrated tax framework for textile sector to ease duty burden on raw materials and machineryAn integrated tax framework for India's textile sector is being developed to improve competitiveness in global markets. This framework will...