Factory Growth
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India's Manufacturing Sector Growth Hits 8-Month High In March
India's manufacturing sector growth rose to an eight-month high in March, driven by quicker increases in factory orders and production amid buoyant demand conditions, a monthly survey said on Wednesday.
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Trump Must Decide Soon If US Jeans Will Still Be Made In Africa
The United Aryan factory, on the outskirts of Kenya's capital Nairobi, exists for one reason: the African Growth and Opportunity Act (AGOA), a 25-year-old US law that gives duty-free access to thousands of goods made on the continent.
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India's Industrial Output Grows 5% In April Due To Power, Mining Sectors
India's industrial production grew 5 per cent in April this year mainly due to good show by mining and power sectors, according to official data released on Wednesday.
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Mahindra Calls for EV Level Playing Field Amid Tesla's India Entry Plans
Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla.
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Apple Aims To Build Over 5 Crore iPhones In India Every Year: Report
Apple and its suppliers aim to build more than 50 million iPhones in India each year, within the next two-to-three years, with additional tens of millions of units planned thereafter, the Wall Street Journal reported.
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iPhone Sales in India Helped Apple Set June Quarter Revenue Record
Tech giant Apple set a June quarter revenue record in India, driven by robust sales of the iPhone, with CEO Tim Cook saying the company is "pleased" with growth in the world's second-largest smartphone market.
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Elon Musk Positive About Tesla's Growth In Self Driving, Humanoid Robots
Tesla Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he's been optimistic before.
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Factory Output Rises 4.2% In April As Manufacturing, Mining Sectors Shine
India's industrial production growth rose to 4.2 per cent in April from 1.7 per cent in March 2023, mainly due to good performance by the manufacturing and mining sectors, according to official data released on Monday.
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Factory Activity Hits 4-Month High On Robust Demand: Report
India's factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders and output, a private survey showed on Monday, signaling resilient demand and an encouraging outlook.
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Pegatron Said to Be in Talks to Open Second Factory 'To Assemble Latest iPhones' in Tamil Nadu
Apple supplier Pegatron is said to be in talks open a second India factory as the company's partners continue to diversify production away from China amid the coronavirus pandemic. Pegatron plans to add a second factory near Chennai, just six months after opening the first facility in Tamil Nadu.
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Hero Electric to Make 10 Lakh Vehicles Annually in Coming Years, Will Set Up 1,200-Crore Plant in Rajasthan
Hero Electric on Wednesday said it is set to produce over 10 lakh vehicles annually in the next two to three years from its manufacturing units in India. The company, which launched new versions of its three electric scooter models priced between Rs 85,000 and Rs 1.3 lakh, plans to set up a greenfield plant at Rajasthan with an annual production ca...
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Industrial Output Falls To 4.3% In December
However, there was improvement on an annual basis as the factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 1 per cent in December 2021.
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India's Factory Growth Picks Up Pace, Hiring At 33-Month High
India's factory activity expanded at a stronger pace in October as demand and output remained solid, encouraging firms to hire workers at the fastest pace in nearly three years.
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September Factory Activity Slows To 3-Month Low As Demand Eases: Report
The factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence, a private survey showed.
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Manufacturing Growth Stayed Strong In August, Inflation Eases
Factory activity in India grew robustly again in August as an improvement in demand and easing input cost inflation boosted output and buoyed business confidence, a private survey showed.
-
India's Manufacturing Sector Growth Hits 8-Month High In March
India's manufacturing sector growth rose to an eight-month high in March, driven by quicker increases in factory orders and production amid buoyant demand conditions, a monthly survey said on Wednesday.
-
Trump Must Decide Soon If US Jeans Will Still Be Made In Africa
The United Aryan factory, on the outskirts of Kenya's capital Nairobi, exists for one reason: the African Growth and Opportunity Act (AGOA), a 25-year-old US law that gives duty-free access to thousands of goods made on the continent.
-
India's Industrial Output Grows 5% In April Due To Power, Mining Sectors
India's industrial production grew 5 per cent in April this year mainly due to good show by mining and power sectors, according to official data released on Wednesday.
-
Mahindra Calls for EV Level Playing Field Amid Tesla's India Entry Plans
Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla.
-
Apple Aims To Build Over 5 Crore iPhones In India Every Year: Report
Apple and its suppliers aim to build more than 50 million iPhones in India each year, within the next two-to-three years, with additional tens of millions of units planned thereafter, the Wall Street Journal reported.
-
iPhone Sales in India Helped Apple Set June Quarter Revenue Record
Tech giant Apple set a June quarter revenue record in India, driven by robust sales of the iPhone, with CEO Tim Cook saying the company is "pleased" with growth in the world's second-largest smartphone market.
-
Elon Musk Positive About Tesla's Growth In Self Driving, Humanoid Robots
Tesla Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he's been optimistic before.
-
Factory Output Rises 4.2% In April As Manufacturing, Mining Sectors Shine
India's industrial production growth rose to 4.2 per cent in April from 1.7 per cent in March 2023, mainly due to good performance by the manufacturing and mining sectors, according to official data released on Monday.
-
Factory Activity Hits 4-Month High On Robust Demand: Report
India's factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders and output, a private survey showed on Monday, signaling resilient demand and an encouraging outlook.
-
Pegatron Said to Be in Talks to Open Second Factory 'To Assemble Latest iPhones' in Tamil Nadu
Apple supplier Pegatron is said to be in talks open a second India factory as the company's partners continue to diversify production away from China amid the coronavirus pandemic. Pegatron plans to add a second factory near Chennai, just six months after opening the first facility in Tamil Nadu.
-
Hero Electric to Make 10 Lakh Vehicles Annually in Coming Years, Will Set Up 1,200-Crore Plant in Rajasthan
Hero Electric on Wednesday said it is set to produce over 10 lakh vehicles annually in the next two to three years from its manufacturing units in India. The company, which launched new versions of its three electric scooter models priced between Rs 85,000 and Rs 1.3 lakh, plans to set up a greenfield plant at Rajasthan with an annual production ca...
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Industrial Output Falls To 4.3% In December
However, there was improvement on an annual basis as the factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 1 per cent in December 2021.
-
India's Factory Growth Picks Up Pace, Hiring At 33-Month High
India's factory activity expanded at a stronger pace in October as demand and output remained solid, encouraging firms to hire workers at the fastest pace in nearly three years.
-
September Factory Activity Slows To 3-Month Low As Demand Eases: Report
The factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence, a private survey showed.
-
Manufacturing Growth Stayed Strong In August, Inflation Eases
Factory activity in India grew robustly again in August as an improvement in demand and easing input cost inflation boosted output and buoyed business confidence, a private survey showed.
