Manufacturing

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Manufacturing - Total results - 609
Industrial production declines 10.4% in July; capital goods, consumer durables see max contraction
Business

Industrial production declines 10.4% in July; capital goods, consumer durables see max contraction

Manufacturing sector, which constitutes 77.63 percent of the IIP, recorded a decline of 11.1 percent in July as against a growth of 4.8 percent in same month last year

H-1B visa suspension: Remote working during COVID-19 lockdown insulates India's IT sector; Indian talent will be in demand, say experts
World

H-1B visa suspension: Remote working during COVID-19 lockdown insulates India's IT sector; Indian talent will be in demand, say experts

Analysts and sector specialists said that the latest move by the Trump government is not expected to have much impact on the Indian tech sector which has a significant presence in the US.

India's manufacturing output falls further in May, rate of job cuts accelerates: PMI survey
Business

India's manufacturing output falls further in May, rate of job cuts accelerates: PMI survey

The country's manufacturing sector activity recorded another sharp deterioration in business conditions during May as new orders placed with producers continued to fall after April's record contraction, leading firms to cut jobs at the quickest pace on record, a monthly survey said on Monday

India reports 7,466 COVID-19 cases, 175 deaths in 24 hours; Jan-March GDP figures paint a gloomy picture ahead
India

India reports 7,466 COVID-19 cases, 175 deaths in 24 hours; Jan-March GDP figures paint a gloomy picture ahead

The number of COVID-19 cases in India climbed to 1,65,799 while toll reached 4,706 with the country registering over 7,000 new cases on Friday

COVID-19 Impact: GDP growth dips to 3.1% in Jan-Mar quarter, slowest growth in 8 years; economy grows at 4.2% in FY20
Business

COVID-19 Impact: GDP growth dips to 3.1% in Jan-Mar quarter, slowest growth in 8 years; economy grows at 4.2% in FY20

The gross domestic product (GDP) had expanded by 5.7 percent in the corresponding quarter of 2018-19, according to data released by the National Statistical Office (NSO) on Friday.

Coronavirus Lockdown: GDP data set to show economy grew at its slowest pace in 2 years in March quarter, says report
Business

Coronavirus Lockdown: GDP data set to show economy grew at its slowest pace in 2 years in March quarter, says report

Unlike some advanced economies, India’s stimulus package has largely focussed on subsidised credit to small businesses and farmers, while direct fiscal stimulus was limited to around 1 percent of the GDP, economists said.

Coronavirus Outbreak Impact: Nissan to close Indonesia, Spain auto plants after sinking into red for first time in 11 years
Business

Coronavirus Outbreak Impact: Nissan to close Indonesia, Spain auto plants after sinking into red for first time in 11 years

Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the pandemic squashed global demand and disrupted production

Nissan Motor plans to close Barcelona factories, 3,000 jobs lost; Spain's govt urges carmaker to consider alternatives
Business

Nissan Motor plans to close Barcelona factories, 3,000 jobs lost; Spain's govt urges carmaker to consider alternatives

Spain's government says that Japanese carmaker Nissan Motor Co. has decided to close its manufacturing plants in the northeastern Catalonia region, resulting in the loss of some 3,000 direct jobs

Hyundai reopens over 800 sales outlets across country; receives 9,000 new bookings in 22 days
Business

Hyundai reopens over 800 sales outlets across country; receives 9,000 new bookings in 22 days

Hyundai is also receiving encouraging responses for Creta and the newly launched version of Verna, he added.

Coronavirus Lockdown: Honda Motorcycle and Scooter India to resume manufacturing operations from next week in phased manner
Business

Coronavirus Lockdown: Honda Motorcycle and Scooter India to resume manufacturing operations from next week in phased manner

Honda Motorcycle and Scooter India (HMSI) on Thursday said it will resume manufacturing operations across its four plants in the country in two phases, with Karnataka-based facility kickstarting the process from next week

Coronavirus Outbreak: Tata Motors' JLR rolls out first Range Rover made under social distancing measures
Business

Coronavirus Outbreak: Tata Motors' JLR rolls out first Range Rover made under social distancing measures

The first Range Rover made under new social distancing measures in place to combat coronavirus drove off the production line at the Tata Motors’ owned Jaguar Land Rover’s manufacturing plant in Solihull in the West Midlands region of England on Wednesday, following a recent temporary pause in production due to the pandemic

Coronavirus Lockdown: Fiat India Automobiles, Tata Motors JV plant resumes operations at Ranjangaon
Business

Coronavirus Lockdown: Fiat India Automobiles, Tata Motors JV plant resumes operations at Ranjangaon

Fiat India Automobiles Pvt Ltd (FIAPL) on Tuesday said Ranjangaon-based manufacturing facility, co-owned by it and Tata Motors, has resumed operations

Coronavirus Lockdown: Suzuki Motorcycle resumes production at Gurugram plant
Business

Coronavirus Lockdown: Suzuki Motorcycle resumes production at Gurugram plant

Suzuki Motorcycle India Pvt Ltd (SMIPL) on Monday said it has resumed production at its manufacturing facility at Kherki Dhaula, Gurugram

Trump to tax American companies manufacturing outside US; Apple's India production plan may be hit
Business

Trump to tax American companies manufacturing outside US; Apple's India production plan may be hit

President Donald Trump has threatened to slap new taxes on American companies like Apple to dissuade them from moving their manufacturing bases from China to countries like India and Ireland instead of the US amidst the COVID-19 pandemic

Stimulus package to revive economic activities, boost Make in India, says steelmakers
Business

Stimulus package to revive economic activities, boost Make in India, says steelmakers

Indian steelmakers on Wednesday said the Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modi would give a quantum jump to economic activities in the country and boost the ambitious Make in India programme

Rs 20-lakh cr stimulus package: At 10% of GDP, Narendra Modi's Atma-nirbhar Bharat Abhiyan ranks among biggest in world
Business

Rs 20-lakh cr stimulus package: At 10% of GDP, Narendra Modi's Atma-nirbhar Bharat Abhiyan ranks among biggest in world

Prime Minister Narendra Modi's pledge of a total spending of Rs 20 lakh crore to weather the fallout of coronavirus pandemic is among the largest economic stimulus package announced by nations around the world

Stimulus package will bring in much needed relief to stressed sectors: TVS Motor Co chairman Venu Srinivasan
Business

Stimulus package will bring in much needed relief to stressed sectors: TVS Motor Co chairman Venu Srinivasan

TVS Motor Company Chairman and noted industrialist Venu Srinivasan on Wednesday said the government's financial package of Rs 20 lakh crore to revive the economy would bring in much needed relief to several stressed sectors and industries

Fresh support of only Rs 12-13 lakh cr in PM Narendra Modi's economic stimulus package: Report
Business

Fresh support of only Rs 12-13 lakh cr in PM Narendra Modi's economic stimulus package: Report

Of the Rs 20-lakh-crore package that Prime Minister Narendra Modi announced to defend the economy against coronavirus disruptions, fresh support may be only around 60 percent of the offer as it counts the first financial stimulus and liquidity support that Reserve Bank has given already, and will overburden bond market, says a report

Narendra Modi's Rs 20-lakh cr economic stimulus package to boost Make in India programme: Sajjan Jindal
Business

Narendra Modi's Rs 20-lakh cr economic stimulus package to boost Make in India programme: Sajjan Jindal

Industrialist Sajjan Jindal on Wednesday welcomed the Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modi to revive the economy hit by COVID-19, saying it will give a boost to the ambitious Make in India programme

Narendra Modi's Rs 20 lakh crore stimulus blends shrewd geo-economics with Swadeshi-coated booster, but it may not be a panacea for jobs growth
Business

Narendra Modi's Rs 20 lakh crore stimulus blends shrewd geo-economics with Swadeshi-coated booster, but it may not be a panacea for jobs growth

While global investors with their view from a London or New York may look at India as a long-term alternative to China, the Modi government's own close relations with Japan may provide leverage.