India’s Industrial Growth Slows to 2.9% in February on Weak Manufacturing
India’s factory output (IIP) grew 2.9% in February 2025, slowing from 5.2% in January due to weaker growth across key sectors. Manufacturing and mining growth...
Tag : Manufacturing
India’s Manufacturing Incentives Advances Amid Efforts to Cut Imports from China
Since its launch in 2020, India’s production-linked incentive scheme has attracted over USD 17 billion in investments, benefitting manufacturing in 14 sectors. The scheme has...
Lenovo to Manufacture AI servers in India
Lenovo recently announced that it had commenced production of large, high-performance computers in Pondicherry, a region in southeastern India, expanding beyond its current lineup of...
DCX Systems Hits 5% Upper Circuit After Arm Receives Defence Equipment Manufacturing License
Shares of DCX Systems Ltd. rallied 5% to a day’s high of Rs 346.90 on 17th September, after the firm announced that its subsidiary secured...
India can do to Artificial Intelligence what China did to Manufacturing: Ola CEO
Recently, the CEO of Ola, Bhavish Aggarwal, shared his insights on the future of artificial intelligence (AI) in the Indian market in a social media...
Senior Tesla Execs to Visit India to Meet Govt. Representatives to Diversify Beyond China
Senior executives from Tesla Inc are planning to visit India this week aiming to strengthen the carmaker’s supply chain in the country and expand its...
Asian Paints to Launch Water-Based Paint Manufacturing Facility in MP
Asian Paint’s Board of Directors has approved an investment of Rs 2,000 crore (approximately) for a new waterborne paint manufacturing plant with a capacity of...
India Cements Reports Dismal Q2 Earnings
On a consolidated basis, the net loss of India Cements reported Rs 113.26 crore in the second quarter of FY23 compared to a net profit...
IFCI Preferential Issue Approves by Board up to Rs 100 Crore to Central Govt
The Central government is the company’s promoter and holds a 64.86 per cent stake in IFCI. On 27 September 2022, the board of directors of...
India Industrial Production Slows To 2.4% In July
In July, India’s annual growth of industrial production was 2.4 per cent, per data released by the National Statistical Office. In the year 2021, the...
