MANUFACTURER

  • China industrial activity shrinks in December, calls grow for more stimulus December 16, 2014

    Beijing: Activity in China's factory sector contracted in December for the first time in seven months, the latest in a string of weak economic indicators that will intensify calls for more stimulus measures to head off a hard landing. The flash HSBC/Markit manufacturing purchasing managers' index(PMI) fell to 49.5 in December...
  • Manufacturing growth may moderate in December quarter: FICCI November 23, 2014

    New Delhi: The country's manufacturing sector is likely to witness a moderate growth in the third quarter of this fiscal, according to a FICCI survey. Showing signs of recovery, industrial production grew at a three-month high of 2.5 per cent in September on account of better mining and manufacturing output....
  • Egyptian PM praises Indian manufacturing facilities October 29, 2014

    Cairo: Prime Minister Ibrahim Mehleb has praised the scale of the Indian manufacturing facilities in Egypt as he visited a chemical plant with the largest Indian investment in the country. Mehleb visited TCI Sanmar plant, the largest Indian investor in Egypt's chemical business, in Port Said with six cabinet ministers...
  • Andhra: Toll in cracker manufacturing unit explosion climbs to 17 October 21, 2014

    Hyderabad: The toll in the explosion at a fire cracker manufacturing unit at Vakatippa village in East Godavari district on Tuesday rose to 17 with six more persons succumbing to burns at a local hospital, police said. The toll in the explosion has now climbed to 17 from 11, after six...
  • Fireworks manufacturers wary of influx of Chinese crackers October 13, 2014

    Sivakasi: With less than 10 days to go for Diwali, Tamil Nadu fireworks manufacturers are gearing up for the festival with new varieties of crackers to compete against those made in Chinese as their influx was posing a threat to the Rs 3000-crore domestic industry. Eight new varieties of crackers have...
  • PM Modi's 'Make in India' pitch to grow louder, campaign to be launched today September 25, 2014

    New Delhi: A day after the successful entry of Mangalyaan into Mars orbit, Prime Minister Narendra Modi will launch the 'Make In India' campaign in the capital on Thursday. The campaign is expected to give a collective thrust to manufacturing in India and will seek greater foreign investment in the...
  • Manufacturing cost of the $650 iPhone 6 is $200, $750 iPhone 6 Plus costs Apple $216 September 24, 2014

    San Francisco: Apple's largest iPhone is selling for $100 more than its other new model, but an outside research firm estimated Tuesday that it costs Apple only $15.50 more to make the more expensive version. Apple said it sold more than 10 million of the new iPhone 6 and iPhone 6...
  • Merino industries to set up new manufacturing plant in Gujarat September 14, 2014

    New Delhi: Merino Industries' readytocook brand Vegit is looking at setting up a new manufacturing plant in Gujarat with an investment of Rs 50 crore. The plant is expected to be operational by year 2017. "We are looking at a second manufacturing plant in Gujarat with an investment of Rs...
  • 'Concerted policy push to add 69 million nonagriculture, 11 million manufacturing jobs' September 11, 2014

    Mumbai: Although the new government has undertaken measures that generate employment, a comprehensive 'projobs policy' will help add 69 million nonagriculture and 11 million manufacturing jobs by 2020, credit rating agency Crisil said on Thursday. "The government needs to take more steps towards projobs policy to structurally alter the country's...
  • Change India: Ideas to influence manufacturing sector of the country August 31, 2014

    In a special series Change India, CNBC TV18 discusses why Narendra Modi's vision, related to manufacturing sector, needs to be followed up with a suitable policy. ...
  • Plagued by ills, India's manufacturing sector takes Modi's 'Make in India' with a pinch of salt August 18, 2014

    New Delhi: Prime Minister Narendra Modi's 'Make in India' vision might prove to be a little difficult to realise as India's manufacturing sector continues to be plagued by a number of ills. Industrialists across the country took Modi's words with a pinch of salt as ground realities present a completely...
  • No commercial interest in erickshaw: Nitin Gadkari July 1, 2014

    New Delhi: Transport Minister Nitin Gadkari on Tuesday dismissed reports that his family has links with a firm manufacturing e rickshaws and asserted that he has no commercial interest in the sector manufacturing them. An official statement explaining his position came in the wake of media reports claiming that PGT, a...
  • Factory owner killed, two others injured in blast at plastic sheet manufacturing unit June 28, 2014

    A factory owner was killed and two others were injured following a blast in a plastic sheet manufacturing unit in Govindpura Industrial area here, police said on Saturday. The incident occurred last evening when the unit owner identified as Devendra Gupta (40) accidentally mixed a chemical with another resulting in an...
  • Manufacturing, ease of doing business discussed in PM's meeting June 24, 2014

    New Delhi: Steps to boost manufacturing and ease of doing business in India were discussed at a meeting called by Prime Minister Narendra Modi with officials of four ministries on Tuesday. Secretaries at departments of industry, heavy industry and public enterprises apprised Modi of various issues related to their sectors in...
  • Narendra Modiled government likely to boost job market in India: Experts May 14, 2014

    New Delhi: With exit polls predicting a Narendra Modiled government, experts are anticipating a spurt in the job market on the expectation that the BJP leader would revive the economy, particularly the manufacturing sector. HR consultancy firm Unison International has estimated the job market to grow by at least 30 per...
  • Six killed in firecracker manufacturing unit explosion May 13, 2014

    At least six people were killed in an explosion at a fire cracker manufacturing unit in Uttar Pradesh, police said Tuesday. The accident occurred on Monday in Sultanpur district's Jaitapur village and killed six members of a family Chand Babu (20), Islam (18), Ajay Bheem (20), Mohd Ramzan (12), Mohd...
  • Manufacturing PMI rises to highest since March 2013 February 3, 2014

    Bangalore: Indian factories started 2014 on a high note, with activity growing at its fastest pace in nearly a year as domestic and overseas orders increased, according to a survey that also showed inflation accelerated. The HSBC Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, bounced to 51.4 in January, its...
  • Apple to open manufacturing plant in Arizona November 5, 2013

    Seattle: Apple Inc will open a manufacturing facility in Arizona in partnership with mineral crystal specialist GT Advanced Technologies Inc to make sapphire materials for Apple's popular electronics devices. The project will provide 700 manufacturing jobs in the first year and 1,300 construction and associated jobs in Mesa, Arizona, according to...
  • Haunted house business gets boost as techs up thrill ante October 19, 2013

    Philadelphia: Ed Terebus was an 18yearold high school student when he and his big brother Jim, a laidoff auto worker, decided to build their first haunted house 34 years ago. The Terebus brothers charged visitors $1.50 per head to tour their creation, which was set up in a trailer and featured...
  • Maruti Suzuki September sales up 11.7 per cent October 1, 2013

    Country's largest carmaker Maruti Suzuki India (MSI) on Tuesday reported 11.7 per cent increase in total sales in September at 1,04,964 units as against 93,988 units in the same month last year. The company said its domestic sales increased by 1.8 per cent during the month to 90,399 units as against...
  • Rupee fall causes an increase in the prices of gadgets August 30, 2013

    New Delhi: People planning to upgrade their gadgets might be forced to think again as most manufacturers are being forced to increase the prices of their products despite the fear of losses with the price rise coming just ahead of the festive season. The customers who want to upgrade their...
  • Oil rises as China, Europe factories ramp up August 23, 2013

    Oil headed for its first gain this week, boosted by a rebound in manufacturing in China and Europe. US benchmark oil for October delivery was up 46 cents to USD 104.31 a barrel in Thursday afternoon trading on the New York Mercantile Exchange. Oil fell USD 3.61 a barrel, or 3.6...
  • Industrial output contracts 2.2 per cent in June August 12, 2013

    New Delhi: India's industrial production contracted 2.2 per cent in June, morethanexpected from a year earlier, government data showed on Monday. May's output growth was revised down to an annual 2.9 per cent contraction from 1.6 per cent earlier. Manufacturing sector, which constitutes about 76 per cent of industrial production, shrank 2.2...
  • Paints and coatings firm Azko Nobel to open new manufacturing unit near Gwalior August 9, 2013

    Paints and coatings firm Akzo Nobel India will open a new manufacturing unit near Gwalior in next two months time, a top company executive said on Friday. The company, which has around 30 per cent market share in the country, would invest Rs 100 crore to set up the unit,...
  • China's test; controlled slowdown or unemployment nightmare July 19, 2013

    Beijing: The success or failure of China's efforts to revamp its giant economy may rest with workers like Hu Zhao and Deng Jindong. They were both at a job fair in Beijing this week. Hu, a 30yearold former factory worker, was looking for a higher paid office job. Deng, a...
  • Gas leak at Intel Arizona plant sends 11 to hospital June 30, 2013

    Phoenix: A gas leak at Intel Corp's secondbiggest manufacturing plant, located in Chandler, Arizona, sickened up to 43 people, including 11 who were taken to a local hospital, company and local fire officials said on Saturday. One of the buildings at the sprawling processing plant was evacuated after the leak of...
  • Samsung plans Rs 500 crore investment to ramp up mobile production June 30, 2013

    New Delhi: South Korean electronics major Samsung is planning to invest over Rs 500 crore to ramp up its mobile production capacity in India, industry sources said. "Samsung is working to invest Rs 500 crore in its mobile production facility in India. It had approached government in this regard to...
  • BHEL to invest Rs 500 crore in Maharashtra May 14, 2013

    New Delhi: Staterun BHEL on Tuesday said it will invest Rs 500 crore for setting up a manufacturing facility at Bhandara in Maharashtra. "BHEL is setting up a new Power Equipment Fabrication Plant at Bhandara in Maharashtra. The greenfield unit is being set up by the company at an initial...
  • Building collapse: Pressure on retailers to fix factories May 4, 2013

    Dhaka: In the aftermath of a building collapse that killed more than 500 people, Bangladesh's garment manufacturers may face a choice of reform or perish. Home to five factories that supplied clothing to retailers in Europe and the United States, the shoddily constructed building's collapse has put a focus on...
  • Samsung to start manufacturing Galaxy S4 in India soon April 29, 2013

    New Delhi: Samsung India today said it will soon start manufacturing its flagship highend smartphone Galaxy S4 in India. "We are planning to start manufacturing of S4 soon at our Noida facility," Samsung Mobile and Digital Imaging Country Head Vineet Taneja told PTI. He, however, refused to share any time...