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Page-3 of Topic: manufacturing sector

Manufacturing growth falls to four-month low in February 2018: PMI

According to Nikkei India Manufacturing Purchasing Managers Index (PMI), India’s manufacturing sector activity fell to four-month low in February 2018 as factory output and new business orders rose...

March 1, 2018

IIP growth hits 17-month high of 8.4% in November 2017

India’s factory output, measured by the Index of Industrial Production (IIP) rose to 8.4% in November 2017 from 2% in October 2017.  It was due to robust performance...

January 13, 2018

IIP rises to 9-month high of 4.3% in August 2017

According to data released by Central Statistics Office (CSO), factory output measured in terms of Index of Industrial Production (IIP) has grown nine-month high to 4.3% in August...

October 13, 2017

Union Cabinet approves amendment in Modified Special Incentive Package Scheme

The Union Cabinet has given its approval for amendment in the Modified Special Incentive Package Scheme (M-SIPS) for electronics manufacturing. These modifications will further incentivize investments in electronic...

January 19, 2017

PM launches National SC/ST hub and Zero Defect – Zero Effect scheme

Prime Minister Narendra Modi launched the National SC/ST hub and the Zero Defect, Zero Effect (ZED) scheme for Micro, Small and Medium Enterprises (MSMEs) at Ludhiana in Punjab....

October 18, 2016

Union Government approves NIMZ in in Kalinganagar, Odisha

The Union Government has given its final approval to setting up of National Investment & Manufacturing Zone (NIMZ) in Kalinganagar, Odisha. It will come up on a massive...

May 27, 2016

Centre announces 30 per cent tax sop for industries in Bihar

On 20 August 2015 Central government announced 30 per cent income tax rebate for establishment of new manufacturing plants and machinery in 21 ‘backward’ districts of Bihar. In...

August 20, 2015

Lenovo to make Smartphones in Chennai with Flextronics under Make in India initiative

Chinese personal computer and smartphone giant Lenovo has roped with electronics contract manufacturer Flextronics to start manufacturing facility in Sriperambudur, near Chennai. Lenovo has forayed in Indian smartphone manufacturing...

August 19, 2015

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