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Competitive exchange rate will boost manufacturing sector

Modern infrastructure, easy regulatory framework and competitive exchange rate will play a key role in giving a boost to the country's manufacturing sector, a senior government official said.

Sharma seeks Singapore investments in NIMZs

India Wednesday sought investments from Singapore in the proposed national investment and manufacturing zones (NIMZs), which are integrated industrial townships with world class infrastructure.

Russia, Germany express interest in NIMZs

Russia, Germany and some other countries have expressed keen interest in participating in the proposed national investment and manufacturing zones (NIMZs), Parliament was informed Monday.

India to emerge as manufacturing hub: Anand Sharma

Sharma said the government has set a target to create 100 million skilled jobs and increase the share of manufacturing in the country's gross domestic product (GDP) to 26 percent in 10 years from around 16 percent now.

India may not be able to achieve NMP targets: CII-BCG report

India may not be able to meet investment target and 100 million job opportunities by 2022 envisaged by the government in the National Manufacturing Policy (NMP) in view of moderating industrial growth, CII said in a report.

Com Min to hold consultations on TADF for manufacturing zones

The Commerce and Industry Ministry will hold consultations by middle of next month on setting up of a technology acquisition and development fund for the proposed national investment and manufacturing zones (NMIZs).

Envt Min notifies manufacturing policy; Labour to follow soon

The Labour Ministry will soon notify the much awaited National Manufacturing Policy (NMP), aimed at creating world-class infrastructure in India.

India to set up three more manufacturing investment zones

Against the backdrop of sharp decline in manufacturing growth, India will be setting up three more mega industrial and investment zones as part of its endeavour to push the contribution of the sector up to 25 percent of GDP by 2020.

Government sets up board to boost manufacturing

The new board called Manufacturing Industry Promotion Board (MIPB), will be headed by Commerce and Industry Minister Anand Sharma. The board will oversee the implementation of the National Manufacturing Policy.

Labour, environment ministries yet to notify mfg policy: Sharma

The much-talked National Manufacturing Policy (NMP), aimed at creating world class infrastructure in India, is yet to be notified by labour and environment ministries even though five months have elapsed after its clearance by the Cabinet.

Remove hindrances to implement manufacturing policy: Tata

Amid slowdown in industrial growth, Tata Group Chief Ratan Tata on Friday said "hindrances" must be resolved to kick-start National Manufacturing Policy that still awaits green signals from key ministries even after four months of approval by the Cabinet.