Sunday, 3 July, 2022
TopicManufacturing growth

Topic: Manufacturing growth

Blue-collar blues — not too late to boost manufacturing exports, but strong rupee makes it tough

Manufactured goods are ever-shrinking slice of pie, & high exchange rate from surplus in service trade keeps Indian products pricey in export markets, despite low labour costs.

CM says UP will be largest economy if BJP wins. Data shows unlikely for a decade or two

The manufacturing sector in Uttar Pradesh has suffered severely in the first three years of the incumbent government.

All global firms like Apple, its suppliers Wistron, Foxconn relocating to India — NITI Aayog CEO

At a FICCI convention, NITI Aayog CEO Amitabh Kant said Rs 2 lakh crore Production-Linked Incentive scheme will make India highly competitive in the global economy.

Manufacturing laptops and tablets locally a $100bn opportunity for India, report says

Report by India Cellular & Electronics Association and Ernst & Young says India can generate $100 bn manufacturing value by 2025, lists ways through which it can be achieved.

Modi govt announces Rs 1.46 lakh crore scheme for 10 sectors, auto sector gets biggest share

The incentives, spread over 5 years, will be provided to sectors like auto, automobile components, textile products, white goods like LED screens, processed food products, among others.

India’s bargaining power with China and US will grow in post-Covid world

If India fails to action key reforms, its geopolitical leverage will reduce and it will be forced to ally more closely with the US on less favourable terms.

India’s labour reforms trying what Bangladesh, China, Vietnam did — swap income for security

Labour market deregulation has created job opportunities for labourers. For instance, an average textile firm in India has 240 employees; in Bangladesh, about 800.

Factories in districts with no Covid-19 cases could reopen as Modi govt looks to amend law

In a bid to restart manufacturing in the country, and improve the economy, the government will allow some factories to operate under strict conditions.

Coronavirus shrinks global manufacturing to its worst level since 2009

Production has plunged the most in almost two decades while the measure of new export orders also fell to the lowest since 2009.

Industrial production falls 0.3 per cent: NSO data

According to the National Statistical Office data, manufacturing sector output declined by 1.2 per cent compared to growth of 2.9 per cent in Januaro 2019.

On Camera

YourTurn

Representational image of a protest against rise in prices of fuel and LPG, in Kolkata | ANI

You thought inflation’s high in India? Data shows at least 100 countries doing worse

Lebanon faces worst inflation rate in the world, followed by Zimbabwe and Sudan, according to 'Trading Economics', which sources data from governments.

Defence

A Sikorsky S-76D chopper | Credit: Twitter/@PawanHansLtd

Pawan Hans chopper crash not an anomaly, doesn’t bode well for govt-owned firm’s disinvestment

Crash that killed 4 one of several Pawan Hans chopper accidents in last few decades. These incidents, coupled with losses, operational issues & legal hurdles, may delay disinvestment.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.
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