Bharat Express

Manufacturing Sector

India’s private sector economy concluded the 2024/25 fiscal year on a strong note, with continued expansions in new business intakes.

A Crisil report projects India's real GDP to grow 6.5% in FY26 despite geopolitical and trade uncertainties.

Ahead of International Women's Day, the Adani Group hosted a delegation of women ambassadors from nine countries.

Footwear Design & Development Institute (FDDI) in Hyderabad participated in the ‘Make in India for the World’ webinar.

India's rapid ascent as one of the world's fastest-growing economies is being propelled by its emphasis on the manufacturing sector and a bold shift towards localization.

According to official figures, over 28 lakh companies are registered across India, but only 65% - around 18.1 lakh - are active.

India’s industrial output surged to a six-month high of 5.2% year-on-year in November, driven by strong gains in the manufacturing sector.

The PMI for December dropped slightly to 56.4 from November's 56.5, marking the year's lowest reading but remaining above the long-term average of 54.1.

The CII report released on Sunday details how the Internet of Things, robotics, machine learning, and artificial intelligence foster optimism, and global competitiveness as they reshape the manufacturing industry. 

As per CII, initiatives like 'Make in India' and PLI are playing a key role in attracting foreign investors to set up operations in India.