In a landmark move aimed at strengthening India’s position in the global electronics manufacturing landscape, the Ministry of Information Technology has finalized a new Production Linked Incentive (PLI) scheme dedicated to the production of critical electronic components. With an allocated budget of approximately ₹23,000 crores over a span of six years, this initiative is set […]
Despite its absolute ranking, India lags behind significantly in per capita manufacturing output. India’s manufacturing sector continues to show growth in absolute terms, yet significant challenges remain in its distribution and per capita output. Market expert, D. Muthukrishnan underscored the uneven spread of manufacturing activity across the country. According to the data shared, just five […]
China is quietly tailoring its global investment strategy to slow India’s rise as a manufacturing rival. As companies move supply chains out of China, Beijing is channeling outbound investment to select countries, while deliberately steering it away from India. China’s inbound foreign direct investment (FDI) has collapsed by 99% since 2021. Yet rather than pulling […]
Syrma SGS Technology’s stock hits a 20% upper circuit after reporting a stellar 161% profit growth in Q3FY25. Electronics manufacturing stock has witnessed a remarkable 20% surge on the stock exchange following the release of its stellar Q3FY25 financial results. Syrma SGS Technology revenue for the quarter increased by 24% YoY, reaching ₹8,915 million, while its […]
India’s rise as a global manufacturing hub is driving increased warehousing demand, with multinationals setting up factories. Supportive Government policies and strategic initiatives are attracting investments from global manufacturers. The manufacturing sector’s share of total warehouse leasing grew significantly, reflecting robust demand across key segments like domestic appliances and auto parts. India’s emergence as a […]
Growth is driven by strong domestic demand, export potential, Government infrastructure efforts, private sector investment, and initiatives like ‘Make in India’. According to a Study Report by IDBI Capital, India is set to add US$ 1 trillion to its gross domestic product (GDP) every 18 months over the next six years. It goes on to […]
Government initiatives like ‘Make in India’ and the PLI scheme are driving strong hiring in India’s manufacturing sector. Industries such as automotive, electronics, chemicals, and pharmaceuticals are expanding, creating demand for both blue- and white-collar roles. Companies are focusing on technology and sustainability, leading to new job opportunities. Programs like ‘Make in India’ that completed […]
While the Department for Promotion of Industry and Internal Trade (DPIIT) is the nodal body, monitoring China’s moves, the Ministry of New & Renewable Energy also keeps a close watch, the official added. India is bracing to meet the challenges posed by Beijing’s ‘Made in China 2025’ strategy, a three-step plan to promote China as […]
It may be recalled India’s Ease of Doing Business ranking had improved from 143 in 63 in 2014 to 2020. INDIA IS THE world’s fifth largest manufacturing power house producing nearly $560 billion worth of goods per year but our share in global manufacturing output is below 39% And the share of manufacturing in India’s […]
While the Make in India push has helped some big companies, the smaller ones that could not ride this tailwind now risk getting drowned. That is not good news for India’s competitiveness in the global market. The Government’s drive to boost domestic manufacturing has benefitted some business segments but small companies still import a wide […]
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