New Delhi, March 3 (IANS) The Indian manufacturing sector’s strong start to 2025 continued in February. Despite slowing to the weakest since December 2023, rates of expansion in output, employment and sales remained elevated in the context of the long-run average, according to the HSBC survey released on Monday. Favourable domestic and international demand prompted … Read more
Agartala, March 1 (IANS) Northeast India’s first production centre of the Artificial Limbs Manufacturing Corporation of India (ALIMCO) would be set up in Tripura, Chief Minister Manik Saha said on Saturday after laying the foundation stone of the proposed centre at Purba Laxmibill in Sepahijala District. The Chief Minister said that the ALIMCO under the … Read more
Guwahati, Feb 12 (IANS) Chief Minister Himanta Biswa Sarma on Wednesday said that the state government aims to make Assam a hub of semiconductor manufacturing facilities worldwide while asserting that the upcoming semiconductor manufacturing plant in the state is in the final stage. Taking to X, Sarma said, “With Tata’s semiconductor facility in Jagiroad, Assam … Read more
Bengaluru, Feb 10 (IANS) Karnataka Deputy Chief Minister D.K. Shivakumar has urged Defence Minister Rajnath Singh to provide incentives for aircraft and helicopter manufacturers to establish their industries in Karnataka and across the country. He made this appeal during his speech at the inaugural ceremony of the prestigious ‘Aero India 2025’ event in Bengaluru on … Read more
Bengaluru, Feb 10 (IANS) Defence Minister Rajnath Singh, while inaugurating Asia’s largest five-day air show — ‘Aero India 2025’ — declared that “India has become a globally preferred destination for aerospace components and complex system assembly.” He emphasized that India is undergoing a transformational phase, moving towards becoming a developed nation. “From physical and digital … Read more
New Delhi, Feb 8 (IANS) Slamming the Congress Party’s claim on slow manufacturing sector growth under the NDA regime, the BJP has said that it is actually the other way round and from 2009 to 2014, the average growth rate of the manufacturing sector was at a meagre 5.6 per cent and the sector even … Read more
New Delhi, Feb 4 (IANS) India has risen to become the world’s second-largest mobile manufacturer and from just 2 units in 2014, over 300 units are operational nationwide today, Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, said on Tuesday. About 99.2 per cent of mobile phones sold in India are now made … Read more
Kochi, Feb 1 (IANS) Sunita Verma, Coordinator (R&D) of the Ministry of Electronics and IT Department, said on Saturday that lack of funding will not hinder research in key areas such as sensors, semiconductors and actuators. “The Union government will ensure financial assistance for research in the manufacture of sensors and semiconductors, which has been … Read more
Davos, Jan 24 (IANS) Electronics and IT Minister Ashwini Vaishnaw on Friday highlighted India’s balanced approach to economic development with both manufacturing and services driving the nation’s growth in his speech at the World Economic Forum. Addressing global leaders and captains of industry here, the minister said: “It cannot be manufacturing or services; it has … Read more
