manufacturing sector

Washington, April 9 – India’s economy is maintaining strong growth momentum, driven by robust domestic demand, resilient services exports, and sustained reforms, the World Bank said in its latest report.Growth is estimated at 7.6 per cent in the fiscal year 2025-26, higher than earlier...

New Delhi, April 6 Congress leader Rahul Gandhi on Monday alleged that Prime Minister Narendra Modi has dealt with the "LPG gas crisis" in a similar manner to how he handled the COVID-19 pandemic, as it is "lacking in policy, full of grand announcements," and places the "entire burden" on the...

New Delhi, April 1 The PHDCCI, an industry lobby group, proposed targeted reforms on Wednesday, including the introduction of a unified annual return by integrating multiple corporate filings into a single simplified form, for companies operating in the heavy industries sector, particularly for...

Mumbai, March 30 The net sales growth of select non-government, non-financial (NGNF) public limited companies edged up to 7.8 per cent during 2024-25 from 6.3 per cent in the previous year, the RBI said on Monday.The sales growth of the manufacturing and services sector increased to 6.3 per...

New Delhi, March 30 India's industrial production grew by 5.2 per cent in February, mainly due to improvements in the manufacturing sector, according to official data released on Monday.Factory output, measured by the Index of Industrial Production (IIP), increased by 2.7 per cent in February...

New Delhi, March 24 Employment grew by 6.18 per cent to 12.80 crore in the unincorporated enterprises sector in 2025, adding more than 74.52 lakh new jobs during the period, according to a government survey.The Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2025, released on...

The government has modified the Mutual Credit Guarantee Scheme (MCGS) to support Micro, Small, and Medium Enterprises (MSMEs), Manufacturers, and Exporters, in line with the 2025-26 budget.The scheme provides a 60% guarantee coverage by the National Credit Guarantee Trustee Company Limited...

New Delhi, March 21 The Ministry of Finance said on Saturday that the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) has been modified to support manufacturers and exporters, allowing a 5 per cent upfront contribution in installments after the fourth year.According to the revised scheme...

Shimla, March 20 Himachal Pradesh recorded a real increase of 8.3 per cent in its Gross State Domestic Product (GSDP) and a 10.1 per cent rise in nominal growth in 2025-26, despite various challenges such as acute financial constraints, cuts in revenue deficit grants, and heavy losses due to...

New Delhi, March 16 The government is making efforts to boost manufacturing activities in the country's fast-growing aerospace sector, and Indian companies are collaborating with foreign firms to set up facilities, Union Minister K Rammohan Naidu said on Monday.Responding to a supplementary...

New York, March 12 The US has initiated investigations against its trading partners, including India, China, Japan, and the EU, to examine and address "unfair foreign practices" that negatively impact American manufacturing.United States Trade Representative (USTR) Jamieson Greer announced the...

Jaipur, March 11 – The disruption in the supply of commercial LPG cylinders due to the West Asia crisis is beginning to affect businesses across Rajasthan. Hotels, restaurants, factories, wedding caterers, and tourism establishments are facing difficulties in their daily operations.While...

Jaipur, March 11 – The disruption in the supply of commercial LPG cylinders amid the West Asia crisis is beginning to impact businesses across Rajasthan, where hotels, restaurants, factories, wedding caterers, and tourism establishments are facing difficulties in running their daily operations...

Commerce and Industry Minister Piyush Goyal highlighted the rapid growth of India's startup ecosystem in the defense and space sectors. He emphasized that this transformation is being driven by the country's MSMEs, which are integrating Indian innovation into global supply chains.Mr. Goyal was...

Kolkata, March 5 Warehousing leasing in Kolkata declined by 30 per cent year-on-year to 4.6 million square feet in 2025 from 6.5 million square feet in 2024, mainly due to high land prices and limited availability of Grade A facilities, according to a report by Knight Frank India.Despite the...

Mumbai, March 5 Maharashtra has recorded the slowest pace of economic growth among India's top four states in the past four years, even as it remains the country's largest state economy with a projected GSDP of Rs 42,67,771 crore in 2024-25.In the post-COVID period, the state's GSDP (Gross...

Hyderabad, March 3 Telangana successfully met a record peak power demand of 18,139 MW, the highest in the state's history, officials said on Tuesday.The state's power utilities successfully met this record demand, which was registered at 11:01 a.m. on Tuesday, without any interruption. This...

New Delhi, March 2 India's industrial production growth slowed to a three-month low of 4.8 per cent in January, driven by weak performance in the manufacturing and mining sectors, according to official data released on Monday.Factory output, measured by the Index of Industrial Production...

New Delhi, March 2 India's manufacturing sector activity growth jumped to a four-month high of 56.9 in February, supported by substantial improvement in domestic demand even as growth in new export orders witnessed a decline, a monthly survey said on Monday.The seasonally adjusted HSBC India...

New Delhi, February 27 Trimming the Indian economy by approximately Rs 12 lakh crore in the current financial year, following a revamp of the GDP calculation framework, may push the fiscal deficit higher, experts said.The Ministry of Statistics and Programme Implementation (MoSPI) released the...