EVs to drive India’s manufacturing sector growth: Kumaraswamy
Pune, Jan 27 (IANS) Minister for Heavy Industries H. D. Kumaraswamy said on Tuesday that the Government’s focus on Make in India and Aatmanirbhar Bharat is strengthening advanced manufacturing sectors that will define India’s future growth, and electric mobility lies at the heart of this transformation. “It reduces dependence on imported fossil fuels, lowers emissions […]
Manufacturing sector accounts for 78 per cent of foreign technical collaborations: RBI
New Delhi, Dec 2 (IANS) The foreign technical collaboration (FTCs) in the manufacturing sector entities accounted for 78.4 per cent of the total reported FTCs, of which, machinery and motor vehicles together accounted for 30.6 per cent, while FTCs in the services sector constituted 16.6 per cent between financial year 2023-2025 (FY23-25), data from Reserve […]
Employment in Indian manufacturing sector up for 10th month in a row
New Delhi, Jan 3 (IANS) Not only did employment in the Indian manufacturing sector increase for the 10th month in a row during December, but also the rate of job creation quickened to the fastest in four months, according to a new report. Around one-in-10 companies recruited extra staff, while fewer than 2 per cent […]
Indian economy in robust spot globally in 2025 with high frequency indicators picking up growth
New Delhi, Jan 2 (IANS) As 2025 begins on a note of heightened global uncertainties ahead of the US President-elect Donald Trump’s inauguration, India continues to be in a much stronger position with high frequency indicators showing a pick up in the pace of growth in the third quarter of current fiscal (Q3 FY25), according […]
