Indian Manufacturing News - Latest Updates, Headlines & Analysis

Suzuki Motor Corporation and Maruti Suzuki to Establish Osamu Suzuki Centre of Excellence in India

New Delhi, April 24: In a tribute to the leader and former Chairman of Suzuki Motor Corporation, the Late Osamu Suzuki, Suzuki Motor Corporation and Maruti Suzuki India Limited have proposed the establishment of the Osamu Suzuki Centre of Excellence (OSCOE) in India.

HD Kumaraswamy welcomes 12 pc safeguard duty to shield Indian steel sector

New Delhi, April 21: Union Minister for Steel and Heavy Industries, HD Kumaraswamy, on Monday welcomed the Centre’s decision to impose a 12 per cent safeguard duty on the import of certain non-alloy and alloy steel flat products.

New electronics component PLI to boost local manufacturing, create jobs: Industry

New Delhi, April 9: India’s electronics manufacturing sector has received a major boost with the government notifying the much-awaited ‘Electronics Component Manufacturing Scheme' (ECMS), top industry bodies said on Wednesday.

Escorts Kubota Limited tractor volume grows by 15.0% in March 2025

New Delhi, April 1: Escorts Kubota Limited's Agri Machinery Business Division has reported a 15.0 per cent growth in tractor sales for March 2025, selling 11,374 units compared to 9,888 tractors sold in March 2024.

Maruti Suzuki to invest Rs 7,410 crore to set up 3rd factory at Haryana's Kharkhoda

New Delhi, March 26: India's largest carmaker, Maruti Suzuki Ltd, on Wednesday announced an investment of Rs 7,410 crore to build a third factory at Kharkhoda in Haryana, to expand production capacity to meet the rising domestic demand as well as exports.

Industry hails Centre's disbursement of Rs 14,020 crore as incentive under PLI scheme

New Delhi, March 24: The industry on Monday applauded the government's commitment to strengthening India's manufacturing sector through the disbursement of Rs 14,020 crore under the production-linked incentive (PLI) scheme across multiple sectors, driving sales of Rs 14 lakh crore.

Rasna to extend retail network to 1 lakh outlets by end of 2026: Chairman Piruz Khambatta

New Delhi, March 22: Rasna International will extend its retail network to 100,000 outlets by the end of 2026, targeting a growth of 30 per cent, said Rasna Chairman Piruz Khambatta.

PLI push: 'Made in India' smartphone shipments up 6 pc, Apple and Samsung lead

New Delhi, March 20: 'Made in India' smartphone shipments grew 6 per cent (year-on-year) last year, driven by increasing exports from Apple and Samsung, a report said on Thursday.

PLI scheme for speciality steel expected to attract Rs 27,106 crore investment

New Delhi, March 18: The Centre's Production Linked Incentive (PLI) Scheme to promote the manufacturing of speciality steel is anticipated to attract an additional investment of Rs 27,106 crore with downstream capacity creation of around 25 million tonnes, the Parliament was informed on Tuesday.

Ashwini Vaishnaw acknowledges states' role in making electronics India's second-largest export

Chennai, March 15: Union Minister Ashwini Vaishnaw on Saturday thanked the states for success of the electronic industry, adding that it has become the second largest export item in the country.

Tech firm Nothing bullish on Phone (3a) series, to add more workforce in India

New Delhi, March 14: Leading consumer electronics brand Nothing said on Friday it will continue to add more workforce in India, as it has always believed in working with the local economy to provide the necessary boost.

'Made in India' Nothing Phone (3a) series launched, firm to boost domestic production

New Delhi, March 4: In a fillip to the government's 'Make in India' initiative, London-based technology company Nothing on Tuesday unveiled its latest Phone (3a) series, which is designed to elevate its mid-range lineup with advanced features.

India's manufacturing growth slows but stays strong in Feb: Report

New Delhi, March 3: The Indian manufacturing sector's strong start to 2025 continued in February. Despite slowing to the weakest since December 2023, rates of expansion in output, employment and sales remained elevated in the context of the long-run average, according to the HSBC survey released on Monday.

Tata Steel expects govt to clamp anti-dumping duty on cheap steel imports

Mumbai, Feb 21: Tata Steel CEO and Managing Director T.V. Narendran on Friday said the government is considering the steel industry's request for the imposition of anti-dumping duties very seriously as cheap Chinese imports are flooding the Indian market and the situation looks even grimmer in the wake of a possible hike in US tariffs.

India auto component industry revenues to expand 8-10% in 2025-26: ICRA

New Delhi, February 20: Revenue in the Indian auto component industry is expected to expand by 8-10 per cent in the upcoming financial year 2025-26, according to rating agency ICRA.

'Made in India' iPhone 6e not SE variant but a next-gen entry point for consumers

New Delhi, Feb 20: In a further push to the local manufacturing, the entire iPhone 16 lineup, including the newly-launched iPhone 16e, is now being assembled in India for domestic market as well as for exports, as industry experts on Thursday cleared the air around the new device being compared to now-retired iPhone SE.

Indian mobile manufacturing companies exported Rs 1.5 lakh crore worth of mobiles in Jan 2025: ICEA

New Delhi, February 18: India's mobile phone manufacturing industry has reached an unprecedented milestone, with exports soaring to a record Rs 1.5 lakh crore in January 2025, according to the India Cellular and Electronics Association (ICEA).

Over 400 firms in India are making drones: DFI chief dismisses Rahul Gandhi's claims

New Delhi, Feb 17: Drone Federation India (DFI) President Smit Shah on Monday dismissed Rahul Gandhi's claims that India lacks a strong production base for drones, saying over 400 companies in India are making different types of drones.

Rise in quality consciousness among Indian manufacturers, automotive and chemicals lead: CII study

New Delhi, February 16: Indian manufacturers are witnessing a rise in quality awareness, with the automotive and chemicals sectors leading the adoption of global certifications and quality protocols, a study by the Confederation of Indian Industry (CII) said.

PM Modi to participate in Bharat Tex 2025 tomorrow

New Delhi, February 15: Prime Minister Narendra Modi will participate in Bharat Tex 2025 on Sunday. This mega-global event has brought together the entire textile value chain, from raw materials to finished products, including accessories, under one roof.

Hyundai crosses 37 lakh unit exports from India, to make more cars for the world

Gurugram, Feb 15: Hyundai Motor India Limited (HMIL), one of the country's leading automobile manufacturers, has completed 25 years of exports from India, reinforcing its position as the largest exporter in this segment.

Bharat Forge eyes 50 pc aerospace growth to boost 'Make in India' goals

New Delhi, Feb 15: Bharat Forge Limited expects its aerospace business to grow by up to 50 per cent in the coming years, driven by increased capacity expansion and a strong supply chain, Amit Kalyani, Vice Chairman and Joint Managing Director said on Saturday.

Indian stainless steel Industry raised concerns on proposed US tariffs, asked for fair market access

New Delhi, February 11: The Indian stainless steel industry is facing a significant challenge with the looming threat of renewed tariffs under US President Donald Trump's proposed trade policies

Growth momentum of India's manufacturing sector continues says FICCI Survey

New Delhi, February 10: The Growth momentum of India's manufacturing sector continues with 83 per cent of manufacturers reporting either higher or stable production levels, making this the second-highest index recorded in recent years, according to the Federation of Indian Chambers of Commerce and Industry (FICCI) survey.

Specialty steel companies committed investment worth Rs 27,106 crore under PLI

New Delhi, February 8: Specialty steel companies have committed to an investment worth Rs 27,106 crore so far, and of which Rs 18,848 crore has been achieved till December, 2024, MoS Steel Bhupathiraju Srinivasa Varma informed Rajya Sabha in a written reply.

Companies have committed investment of Rs 27,106 crore under PLI scheme for specialty steel, says Union Minister

New Delhi, February 7: Production Linked Incentive (PLI) Scheme for specialty steel was launched with the objective of attracting investment to boost the production of value-added steel in the country and participating companies committed to an investment of Rs. 27,106 crore out of which Rs.18,848 crore has been achieved till December, 2024, the government informed Parliament on Friday.

Odisha could become next global hub for synthetic fibre-based textile industry: Oerlikon director Debabrata Ghosh

Indian Manufacturing News - Latest Updates & Headlines