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Searched Tag: manufacturing sector growth

A new committee has been set up by the government to look into issues faced by the manufacturing sector concerning tax payment and export clearance in the backdrop of steep tariffs imposed by the US on Indian goods

Govt committee to streamline tax, export issues in manufacturing

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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When the Purchasing Managers' Index (PMI) crosses 50, it means there has been expansion, whereas anything below 50 shows contraction in the sector

Manufacturing sector records 16-month-high growth as sales rise

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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