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India's manufacturing output grows at slowest pace in 5 months in May

India's manufacturing output grows at slowest pace in 5 months in May

Manufacturing output in India grew at its slowest pace in five months in May, suggesting that the sector is "barely improving" and adding to the clamour for further interest rate cuts by the Reserve Bank.

Manufacturing sector likely to slow down in April-June quarter: FICCI

Manufacturing sector likely to slow down in April-June quarter: FICCI

Growth of India's manufacturing sector may decelerate during June quarter due to factors like bleak export outlook, poor demand and high cost of borrowing, a FICCI survey has said.

Minda Corp to acquire Panalfa Autoelektrik

Auto component manufacturer Minda Corporation today said it will fully acquire Panalfa Autoelektrik Ltd from its existing Indian promoters entailing a total outgo of over Rs 45 crore.

India attracts over Rs 1.28 lakh crore in electronic manufacturing: Prasad

India attracts over Rs 1.28 lakh crore in electronic manufacturing: Prasad

Total investments in electronics manufacturing sector in India, one of the world's largest consumer electronics market, has crossed Rs 1.28 lakh crore, Communications and IT Minister Ravi Shankar Prasad said Tuesday.

Only 11% investments announced in manufacturing sector recorded: Study

Investments worth only Rs 1.6 lakh crore have been recorded out of the total Rs 15 lakh crore announced in the manufacturing sector until September 2015, according to an Assocham study.

Govt paying mere 'lip service' to manufacturing sector: Kiran Mazumdar-Shaw

Govt paying mere 'lip service' to manufacturing sector: Kiran Mazumdar-Shaw

Mazumdar-Shaw is one of the few vocal Indian industrialists on government policies and is the Chairman and Managing Director of India's biggest biotech company, Biocon.

Manufacturing sector contracts for first time in over 2 years

Manufacturing sector contracts for first time in over 2 years

The PMI has slipped below the crucial level of 50.0 for the first time since October 2013.

Government keen on manufacturing sector delivering more jobs

Government keen on manufacturing sector delivering more jobs

The government is going all out to ensure the manufacturing sector pushes up its share of contribution in the GDP from the current 16 percent to 25 percent with the objective of creating more jobs.

Manufacturing output slips to 7-month low in September

Manufacturing output slips to 7-month low in September

India's manufacturing sector output slipped to a seven-month low of 51.2 in September, as order flow turned sluggish amid "difficult economic climate", a Nikkei survey said on Thursday

Industrial production slows to 2.7% in May

The factory output, measured by the Index of Industrial Production (IIP), slowed to 2.7 percent in May, compared with a revised 3.36 percent in April, according to the government data released on Friday.

Manufacturing sector growth declines in June: SBI-index

Manufacturing sector growth declines in June: SBI-index

India's manufacturing sector growth declined in June both in terms of month-on-month as well as yearly basis amid declining exports and fall in corporate earnings, says an SBI research report.

FTA may give China an upper hand, says Assocham

A free trade agreement (FTA) between India and China may put India at disadvantage as China enjoys an edge in the manufacturing sector as well as tariff rates, according to Assocham.

FDI inflows in manufacturing rose by 45%, says govt

FDI inflows in the manufacturing sector rose by almost 45 per cent between October last year and this February, compared to the same period in the previous financial year, government said today.

'Manufacturing sector losses increased 44% due to illicit trade'

Seven major manufacturing sectors suffered an estimated loss of Rs 1,05,381 crore during 2013-14 due to illicit trade, according to a FICCI report.

Union Budget 2015: Highlights of Infrastructure, Farm and Social sector

Finance Minister Arun Jaitley on Saturday proposed the Union Budget 2015-2016. Here are the highlights from the Infrastructure, Farm and Social sector.

MFs plan schemes to cash in on 'Make in India' campaign

Mutual fund houses plan to come up with special schemes focused on the manufacturing sector that is expecting a big boost from the Centre's 'Make in India' initiative.

China services sector at six-month low, more stimulus expected

China`s services sector grew at the slowest pace in six months in January as growth in new business weakened, a private survey showed, raising expectations that policymakers may unveil more stimulus steps to avert a sharper slowdown in the world`s second-largest economy.

Govt looking at archaic labour laws, easy credit to boost manufacturing

Govt looking at archaic labour laws, easy credit to boost manufacturing

'Make in India' is an ambitious programme of Prime Minister Narendra Modi which aims at attracting domestic and foreign investments and boost manufacturing sector growth.

'Manufacturing key to create jobs and accelerate growth'

India needs to put special focus on manufacturing to create thousands of jobs and accelerate economic growth to 9-10 percent, a top government official said.

Financial sector accounts for bulk of corporate bond issuances

With 'Make in India' becoming a major thrust area for the Government, Sebi chairman U K Sinha on Wednesday said financial sector accounts for the bulk of money raised through issue of corporate bonds while indicating that the manufacturing sector was getting left out.