New Delhi: The government on Sunday announced a board to help operationalise the national manufacturing policy that aims to create 100 million additional jobs and boost the share of manufacturing in the country's GDP to 25 per cent in the next 10 years from the current around 16 per cent. The new board called Manufacturing Industry Promotion Board (MIPB), will be headed by Commerce and Industry Minister Anand Sharma. The...
02:17 AM, Jun 04, 2012
For the year, growth dropped to a three year low - 6.5 per cent against a robust 7.8 percent last year. ...
10:06 PM, May 31, 2012
CHENNAI: Chennai now has a technology centre of the Association for Manufacturing Technology (AMT) at the Madras Exports Processing Zone (MEPZ), which was inaugurated on Tuesday. AMT is an American association that supports makers and distributors of manufacturing technology equipment. The centre was inaugurated by Jennifer Mcintyre, American Consul General.AMTs Chennai Technology Centre provides an opportunity for Indian manufacturers to access the best of American manufacturing technology through better learning...
08:52 AM, May 17, 2012
India's industrial output unexpectedly contracted 3.5 per cent in March from a year earlier, government data showed on Friday. ...
12:04 PM, May 11, 2012
India's industrial output unexpectedly contracted 3.5 per cent in March from a year earlier, government data showed on Friday. Analysts had expected output to grow 1.5 per cent, a CNBC-TV18 poll showed. The March figure compares with February's annual increase of 4.1 per cent. Manufacturing, which constitutes about 76 per cent of industrial production, shrank an annual 4.4 per cent from a year earlier, the statistics office said. The overall...
11:38 AM, May 11, 2012
New Delhi: Industrial production grew by just 1.8 per cent year-on-year in December 2011 due to contraction in mining and capital goods sectors and a lower manufacturing sector growth. Factory output growth, as measured by the Index of Industrial Production (IIP), was at 8.1 per cent in December 2010. Output of the manufacturing sector, which constitutes over 75 per cent of the index, rose at a lower rate of 1.8...
12:01 PM, Feb 10, 2012
New Delhi: The government on Tuesday revised the economic growth rate for 2010-11 financial year slightly down to 8.4 per cent from the earlier estimate of 8.5 per cent. "The Gross Domestic Product (GDP) at factor cost at constant prices in 2010-11 has registered a growth of 8.4 per cent over the previous year," the Quick Estimates of economic growth released by the Ministry of Statistics and Programme Implementation said....
11:55 AM, Jan 31, 2012
New Delhi: Industrial production registered a growth of 6.3 per cent in April as per the new series that was released on Friday with a base year of 2004-05, but the slowdown of the economy was clear as factory output nosedived to just 4.4 per cent as per the old series. The poor performance of the manufacturing and mining sectors pulled down the overall growth of industry as per the...
11:57 AM, Jun 10, 2011
New Delhi: Poor performance of the manufacturing and mining sectors pulled down overall growth of industry to 7.8 per cent in 2010-11 from 10.5 per cent in the previous fiscal. Factory output in March, as measured in terms of the Index of Industrial Production (IIP) released on Thursday, also witnessed lower growth of 7.3 per cent, compared to 15.5 per cent expansion in the same month a year ago. However,...
11:31 AM, May 12, 2011
New Delhi: After Nokia, Samsung, LG and other global brands, BlackBerry smartphones-maker Research in Motion is likely to set up an Indian manufacturing facility in view of the potential within the country and the surrounding region and may develop the country into an export hub. "India is an important and strategic market for RIM and its exciting and fast-growing mobile sector offers major potential for further expansion. As part of...
02:23 PM, Mar 27, 2011
Industrial output grew in double digits for the eighth straight month, on good showing by manufacturing. ...
11:40 AM, Jul 12, 2010
One set of data but different GDP predictions for India. Why? ...
05:13 PM, Feb 28, 2010
Growth driven by a robust performance by the manufacturing sector. ...
01:03 PM, Feb 12, 2010
Stimulus measures help spur demand, but poor monsoon threatens growth. ...
11:22 AM, Aug 31, 2009
Are the UPA's dreams of 7 per cent now going to remain a pipe dream? ...
02:28 AM, Feb 28, 2009
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