manufacturing sector in India Current Affairs, GK & News
The commerce ministry is organising the Udyog Manthan. Under the Udyog Manthan, a series of webinars are being conducted. Highlights The Webinar is focusing on about 45 sectors including the pharma sector and electronics sector. The webinar under the Udyog Manthan is being organised with the focus on quality and productivity in all the major ..
The Competition Commission of India (CCI) has recently approved the formation of Joint Venture (JV) between Mahindra & Mahindra and Ford Motor and the transfer of automotive business of Ford India to the JV. The new venture to be formed would acquire the automotive business of Ford India Pvt Ltd (FIPL), which is a wholly-owned ..
In accordance with the release calendar of National Accounts, the First Advance Estimates of Gross Domestic Product (GDP) was released by the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation on Tuesday, 7th January 2020, the corresponding estimates of Expenditure components of GDP was implemented along with the First Advance Estimates ..
Topics: Advance Estimates of National Income • First Advance Estimates of National Income • GDP • Gross domestic product • manufacturing sector in India • Ministry of Statistics and Programme Implementation • National Income • National Statistical Office (NSO) • Real gross domestic product
The London based Global information provider, IHS Markit Limited has reported that the Purchasing Managers’ Index (PMI) of the Indian Manufacturing Sector has risen to 52.7 percent in the last month of 2019. According to the IHS Markit Company, India’s PMI in manufacturing sector during the year 2019 was: 51.2 percent in November, 50.6 percent ..
Import substitution is an aggressive economic policy employed by emerging economies to promote domestic production and self-sufficiency in many sectors. It is also seen as a means to reduce dependency on developed nations. IS seeks to provide added protection to domestic industries via tariffs, import quotas, government loans at subsidised rates of interest. This encourages ..