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India’s manufacturing push, backed by favourable policies, is timely and positions the country strongly to grab a massive opportunity in the electronics hardware space amid COVID-induced supply chain disruptions and global trust deficit around China, according to HCL co-founder Ajai Chowdhry. Chowdhry — who is part of the IT ministry-constituted advisory panel of experts that…Continue Reading

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The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) fell to 54 in March from 54.9 in February, with both production and sales growing at the slowest pace in six months and inflation concerns driving down firms’ business confidence to the lowest level in two years. A reading of 50 on the PMI indicates no…Continue Reading

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Synopsis“This is where the world is still moving forward and this is the time to take the lead and time to make the right moves,” Vaishnaw said while releasing the policy document.New Delhi: The government is targeting to build around 50 India-specific technologies, 100 new startups, 500 products and 10 new and existing manufacturing sectors…Continue Reading

India’s Q3 manufacturing outlook improves, cost of doing business remains cause for concern: FICCI

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SynopsisThis assessment is also reflective in order books as 61 per cent of the respondents in October-December 2021-22 had a higher number of orders as against July-September 2021-22, the survey found.Getty ImagesThe outlook for India’s manufacturing sector seems to have improved in the October-December 2021 quarter even as the cost of doing business remains a…Continue Reading

Chinese Manufacturing Hub Fights Its First 2021 Covid-19 Outbreak

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China has squashed domestic Covid-19 cases down to a trickle through aggressive lockdowns and mass testing. (AP)The province reported 74 locally transmitted cases with confirmed symptoms on December 12, almost double the previous day’s 38 cases.Reuters Last Updated:December 14, 2021, 19:14 ISTFOLLOW US ON:Major Chinese manufacturing province Zhejiang is fighting its first COVID-19 cluster this…Continue Reading

‘Local manufacturing cos need to shift to designing in India’

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Home / Companies / People /  ‘Local manufacturing cos need to shift to designing in India’ Premium Ajai Chowdhry, Chairman, ESSCI 3 min read . Updated: 01 Dec 2021, 01:34 AM IST Prasid Banerjee Depth happens if you start designing in India. When you start designing here, then you can use components that are available…Continue Reading

India’s manufacturing PMI gains steam in Oct, expands at a quicker pace

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Growth in manufacturing activities in India continued gathering momentum, remained in the expansion territory for the 4th straight month in October, a private survey showed on Monday. The seasonally-adjusted IHS Markit Purchasing Managers’ Index came in at 55.9 in October, rising from 53.7 in September. Do note, a PMI number greater than 50 indicates expansion…Continue Reading