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Attendees view the Apple Inc. iPhone 11 after an event in Cupertino, California, U.S. | Photographer: David Paul Morris | Bloomberg

iPhone makers to be among winners of Modi govt’s $6.6 billion ‘Make in India’ stimulus plan

iPhone makers Foxconn, Wistron, Pegatron are among the mobile manufacturers expected to be named winners for stimulus after cabinet meeting Wednesday.
Workers in a factory (representational image) | Photo: ANI

Industrial production shrinks by 10.4% in July on low manufacturing output

The Ministry of Statistics and Programme Implementation attributed the decline to a large number of industrial units not operating from the end of March due to the lockdown.
V. Anantha Nageswaran, member of the Prime Minister's Economic Advisory Council | Image: krea.edu.in | ThePrint Team

High production costs, compliance burden won’t let India emulate China, says PM’s advisor

PM’s Economic Advisory Council member V. Anantha Nageswaran says whittling away unwanted rules and regulations will be a step towards fixing the problem.
A worker at a utensil factory in Jammu in May | Photo: ANI

Industrial production contracts by 35% in May, but manufacturing shows signs of revival

Index of Industrial Production figures for May are an improvement over the 58% contraction in April, the first full month of the nationwide Covid-19 lockdown.

Europe finds it’s not so easy to say goodbye to low-cost China

Evidence suggests a massive shift back to Europe is unlikely because of the ever-growing importance of China. Moving supply chains closer to home might come at a cost.

How to industrialise India — new book gives tips on ‘competitive manufacturing’

Maruti Suzuki Chairman R.C. Bhargava’s Getting Competitive, by HarperCollins, will be released on 5 July on SoftCover, ThePrint’s new e-venue to launch select non-fiction books.

India can be the next China, but only if it is more open to foreign investment

While India's forex reserves and investments have increased, PM Modi's Atmanirbhar Bharat is harking back to a protectionist past.
Ramandeep Kaur | ThePrint

To hit China, aim carefully. Don’t shoot yourself in the foot

Boycott calls are unlikely to hurt China & Xi Jinping. A tactical approach, like denying it access to strategic markets like telecom products, would be better.
Rolls of material used in the manufacture of protective face masks sit near machines at the opening of a new factory near Tehran, Iran on 14 April

It’s manufacturing that’s giving Iran a lifeline, not oil

In 2019-20, non-oil exports amounted to $41.3 billion and exceeded the country's oil exports for the first time in Iran’s modern history.
Representational image | Employees at a mobile phone factory in Andhra Pradesh, 2019 | Karen Dias/ Bloomberg

Modi’s Atmanirbhar package paves way for Make in India 2.0 in post-Covid world

Make in India 1.0 was successful in starting a manufacturing movement. Make in India 2.0 can lay its base.

On Camera

Erdogan’s assault on Macron is the height of cynicism

There was a time when Turkish President Recep Tayyip Erdogan didn’t see the West as Turkey’s enemy and even wanted to join the European Union.

Turkey waging new war of economic liberation, says Erdogan after country’s currency falls

Erogan's speech follows the Turkish lira weakening to a record low of 8.3849 per dollar on Friday.

Defence

Union Defence Minister Rajnath Singh meets his US counterpart Mark Esper at his office in South Block Monday | Twitter | @rajnathsingh

Here is why US changed Rajnath Singh’s statement on ‘reckless aggression’ by China

Both the US State and Defense departments have added footnotes to the transcripts they released on Rajnath Singh’s remarks at 2+2. The State Department has also updated the text.
Illustration by Soham Sen | ThePrint

5 reasons for the crisis in global Islam

If tens of crores of Muslims across the world feel they are victims of mass Islamophobia, their holy prophet shown deliberate disrespect, it is a sense of crisis and siege.