Manufacturing
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Export Demand Drives India's Manufacturing Activity to 10-Month High
A PMI reading above 50 signals expansion, while a score below that threshold indicates a contraction in manufacturing activity.
India’s Industrial Output Grows by 3% in March
The manufacturing sector—driver of the creation of quality employment for the country's young graduates and engineers—posted a 3 per cent rise in production last March compared to the same month last year.
Manufacturing Sector Growth Hits 8-Month High in March: HSBC
The HSBC India Manufacturing Purchasing Managers' Index (PMI), prepared by S&P Global, rose to 58.1 in March, from 56.3 in February and 57.7 in January. During the previous months, the index was at 56.4 in December and 56.5 in November. A reading above 50 indicates expansion.
India’s Industrial Output Rises by 5% in January, Signaling Steady Growth
The manufacturing industry, a key source of jobs for the country's young university and engineering institute graduates, recorded a strong 5.5 per cent expansion in January, up from 3.6 per cent seen during the same period last year.
PLI Boost: FDI Equity Inflow in Manufacturing Soars 69% to $165 Billion
The remarkable development has been heavily boosted by the government's Production-Linked Incentive (PLI) scheme, officials have declared on Monday.
India's Manufacturing Growth Slows but Remains Resilient in February: Report
While this marginal dip means that the PMI still firmly lies in expansionary ground, it does show that growth is slowing down.
Salaries in India Expected to Rise by 9.2% in 2025, Driven by Manufacturing and GCC Sectors
With continuing world uncertainties and decelerating growth, the 9.2% growth is a modest decline from 9.3% growth in 2024. India's salary increases will stabilize in 2025, according to Aon's new "Salary Increase and Turnover Survey 2024-25 India."
PLI Success, Rising Exports, Job Growth: BJP Counters Congress' Manufacturing Sector Claims
In the factsheet with which the fallacious claims were busted by Congress, BJP added that India was one of the fastest-growing major economies in the world and is witnessing a huge resurgence in the post-Covid era.
India's Manufacturing Sector Shows Robust Growth in January with Export Surge: Report
Based on an analysis of 100 activity indicators, the report suggests that the growth momentum has improved in the quarter ending December with 65 per cent of the indicators growing at a positive clip in the December quarter compared to 55 per cent in the previous one.
India's Industrial Production Grows by 3.1% in September
According to an official statement, the top three positive contributors in the manufacturing sector for September 2024 are - 'Manufacture of coke and refined petroleum products' with 5.3 per cent, 'Manufacture of basic metals' with 2.5 per cent, and 'Manufacture of electrical equipment' with 18.7 per cent.
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