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September 3, 2025, 06:42 PM - 2 min read
A committee, which includes representatives from the Finance Ministry, the Department for Promotion of Industry and Internal Trade, the Department of Commerce, the RBI, and the Directorate General of Foreign Trade, will look into quick resolution of tax and export-related issues of the manufacturing sector
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August 2, 2025, 03:01 PM - 2 min read
The Purchasing Managers' Index (PMI) figure in July was 59.1, which marked a rise from 58.4 in June, signaling strength in the sector’s growth
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February 2, 2025, 09:10 AM - 4 min read
Industry leaders have hailed the Union Budget 2025-26 for its emphasis on innovation, job creation, and sustainability in manufacturing. Announcements under the "Make in India" initiative, including the National Manufacturing Mission, are seen as transformative steps towards strengthening domestic production and reducing import dependency.
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January 4, 2025, 06:01 PM - 2 min read
India's manufacturing sector has seen a notable increase in employment for the 10th consecutive month, as reported for December 2024. The job creation rate has also accelerated, reaching its fastest pace in four months.
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July 25, 2024, 11:55 AM - 2 min read
According to a report by Bloomberg, discussions are underway to possibly grant exemptions to Chinese companies in high-tech sectors such as solar modules and critical minerals. Ministry of Commerce and Industry, along with other security-related departments, is currently examining the feasibility and implications of such exemptions.
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July 1, 2024, 12:49 PM - 2 min read
“As a consequence of ongoing increases in new order intakes, firms stepped up recruitment. The rate of job creation was sharp and the strongest seen since data collection started in March 2005. Staff expenses reportedly intensified in June, which coupled with rising material and transportation costs caused another overall increase in operating expenses,” the report noted.
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June 14, 2024, 03:51 PM - 2 min read
The chipmaking equipment industry is expanding in India due to tensions between China and the West. SEMI's first Semicon exhibition in India will feature major companies, reflecting India's growing semiconductor market, projected to reach $64 billion by 2026, as the country becomes a key semiconductor hub.
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June 3, 2024, 02:02 PM - 2 min read
India's manufacturing sector growth slowed in May but remained in expansion, with the PMI at 57.5, driven by strong global sales despite reduced working hours due to heatwaves and rising production costs.
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April 2, 2024, 04:29 PM - 2 min read
Manufacturing PMI in March touches 59.1: "The notable improvement in operating conditions reflected stronger growth of new orders, output and input stocks as well as renewed job creation,” said S&P.
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