Friday, August 6, 2021

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manufacturing sector

India’s manufacturing sector sees the strongest rate of growth in July in recent months: IHS Markit survey

Asserting the strongest growth rate, the seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) rose from 48.1 in June to 55.3 in July.

Samsung to relocate mobile display plant from China, to invest Rs 4,825 crore in Yogi Adityanath’s Uttar Pradesh: Details of the deal

Uttar Pradesh cabinet, chaired by Chief Minister Yogi Adityanath approved special incentives to Samsung Display Noida Private Limited

Aatmanirbhar Bharat: 16 companies including Samsung, iPhone makers approved under PLI scheme, production of ₹10.5 lakh crore expected in 5 years

PLI scheme will lead to production of mobile phones worth Rs 10.5 lakh crores over next 5 years, 60% of which will be exported

Union govt unveils three schemes worth Rs 50,000 crore to make India self-reliant in electronics manufacturing

Union IT minister Ravi Shankar Prasad releases detailed guidelines about the three new initiatives to promote electronics manufacturing

As the ‘Year of The Metal Rat’ returns, China fears the coronavirus may trigger far more damage than anticipated

Chinese astrologers believe that every time the 'Metal Rat' rolls, major history shaking incidents take place that change their nation forever.

India’s service sector activity growth hits 7-year high in January due to robust domestic demand

Two days back, The IHS Markit had released its India Manufacturing Purchasing Manager’s Index, which showed an increase in manufacturing activity in the country. The index had risen to 55.3 in January from 52.7 in December.

India’s manufacturing sector growth in January rises to an 8-year high, economic recovery in coming months expected

Analysts claim that If this growth rate in the manufacturing activity sustains, the improvement in business conditions could lead to a gradual economic recovery

Thanks to ‘Make in India’, India’s manufacturing expands to hit 14-month high amidst slump in Asia: Nikkei Asian Review

The Indian manufacturing industry is mainly comprised of chemicals, machinery, metals, and textiles. The increasing growth in the manufacturing sector is attributed to Prime Minister Narendra Modi’s ‘Make in India’ initiative, which seeks to transform manufacturing in the country. 

Crowd chants ‘Rahul Gandhi Chor hai’, PM Modi talks about ‘Made in Amethi Kalashnikovs’

Taking a dig at Rahul Gandhi, he said that some people keep talking about 'Made in Ujjain, Made in Jaisalmer', 'Made in Baroda' in their speeches. PM Modi said that their speeches are just that, speeches and never translate to action

Jaunpur patilaa, Aligarh locks, Bhopal phones: While Rahul Gandhi talks, Make In India is delivering results

Rahul Gandhi wants every city where he holds a rally to be a global mobile phone manufacturing hub

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