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Wed Jul 31 2024 15:57:52

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Business News/Industry/ Manufacturing

Manufacturing

The government carried out consultations with states and other stakeholders to develop a road map for the initiative. (Bloomberg)

Budget 2024: Govt to build dormitories near manufacturing clusters

1 min read . 23 Jul 2024

In 2023–24, the fiscal year's import of medical devices was Rs. 68,885 crore, while the previous fiscal year's imports were Rs. 61,179 crore.

Medical device import grows in last one year in India

2 min read . 18 Jul 2024

The industry recommended maintaining the rebated income tax rates of 15% in Budget 2024 to support the electronics manufacturing sector. (Image: Pixabay)

Budget 2024: Electronics industry seeks incentives to boost Make in India

3 min read . 16 Jul 2024

Quarterly shipments of Apple’s iPhones rose 1.5% from a year earlier to 45.2 million units,. (Bloomberg)

Apple, Samsung phone shipments rose in second quarter

1 min read . 15 Jul 2024

Last year NATO’s 32 members spent $1.3trn on defence, a record high after adjusting for inflation at least since the fall of the Soviet Union. (File Photo: AFP)

America’s giant armsmakers are being outgunned

6 min read . 08 Jul 2024

In a pioneering use of carbon-fiber composites, nearly every visible surface of the Boeing 787 is made of such materials. (Photo by Juliette MICHEL / AFP) (AFP)

A new age of materials is dawning, for everything from smartphones to missiles

6 min read . 08 Jul 2024

As per the BIS standards, the manufacturers will have to ensure the safe composition of materials used in manufacturing utensils and ensure uniformity and practicality in design.

Now, ISI mark is a must for stainless steel, aluminium utensils

1 min read . 05 Jul 2024

Improving ease of doing business and cutting red tape in claiming tax refunds are also high on the government’s priority in Budget. (Image: Pixabay)

Budget 2024: Govt plans duty reforms, tax tweaks to boost local manufacturing

3 min read . 04 Jul 2024

India is among the world’s top producers of cotton and jute and the second-largest silk producer. Photo: Mint

West’s demand for summer wear boosts India's textile exports by 5.4% in Apr-May

2 min read . 28 Jun 2024

PV industry volumes are expected to rise 3% YoY in the domestic market led by growth in Utility Vehicles and inventory build-up with dealers. (Photo: Reuters)

Auto sales in June likely to be mixed bag with growth seen in two-wheelers, PVs

2 min read . 27 Jun 2024

India's manufacturing sector has shown a lot of potential but could do with another push. (Reuters)

Building a new factory? Budget may extend concessional tax rate for a year

3 min read . 27 Jun 2024

Electric Vehicle sales volume is expected to surge to around 1.3 lakh - 1.5 lakh in FY25, led by improving penetration rate. (Photo: Reuters)

Passenger Vehicle sales volume growth estimated to decelerate to 3-5% in FY25

1 min read . 25 Jun 2024

European Union tariffs announced this month will only slow the influx of Chinese EVs, such as BYDs. PHOTO: CHRISTOF STACHE/AGENCE FRANCE-PRESSE/GETTY IMAGES

The rise of Chinese EVs is dividing the West

3 min read . 23 Jun 2024

Whereas early adopters bought a Tesla as a status symbol, the Chinese are now buying cars made by its rival, BYD, because they are good value.

Don’t be gloomy about Tesla and its EV rivals

3 min read . 23 Jun 2024

Electronics manufacturing—the business of building mobile phones, televisions and other gadgets—is thriving in India. (File Photo: Mint)

India’s electronics industry is surging

4 min read . 21 Jun 2024

HAL shares closed at ₹5,199.60 on Friday, higher by ₹96.45 or 1.89 per cent on the BSE.

Hindustan Aeronautics gets defence ministry RFP for 156 light combat helicopters

1 min read . 17 Jun 2024

Hyundai Motor’s IPO, the largest in India after Life Insurance Corporation of India’s ₹20,000 crore-plus share sale in 2022, will be the country’s first automobile IPO in two decades.

Hyundai may beat Korea discount with IPO in India

5 min read . 17 Jun 2024

Tata Steel was the first domestic steelmaker to commission a carbon capture plant at its Jamshedpur facility four years ago. (Bloomberg)

As Europe’s carbon tax hovers closer, India rushes steelmakers to go green

3 min read . 08 Jun 2024

India's trade deficit in plywood widened from $85.83 million in FY19 to $154.57 million in FY24.

All plywood sold in India will need to be ISI-certified from next year

2 min read . 07 Jun 2024

Vaccine manufacturers must conduct a post-authorization safety study and submit its final results to the top drug regulatory body. (AP)

India's drug regulator drafts norms to report adverse effects of vaccines

2 min read . 03 Jun 2024

Manufacturing Stocks

Hindalco Industries

₹660.451.96%

₹4901.03%

Reliance Industries

₹3,025.55-0.51%

Sun Pharmaceutical Industries

₹1,701.650.95%

₹164.050.79%