Tag: manufacturing growth

India’s manufacturing sector activity growth falls to 5-year low in July amid challenging market condition: PMI

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India’s manufacturing sector activity growth falls to 5-year low in July amid challenging market condition: PMI

Image used for representational purposes. File | Photo Credit: Reuters India’s manufacturing sector activity growth fell to a five-year low in July, due to slower rise in new business orders amid increasingly challenging market conditions, a monthly survey said on Monday (August 3, 2026). The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index, fell from…

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Overhaul of import tariff structure, customs processes to cut trade costs, boost manufacturing, exports: GTRI

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Overhaul of import tariff structure, customs processes to cut trade costs, boost manufacturing, exports: GTRI

India needs a sweeping overhaul of its import tariff structure and customs administration to reduce trade costs, strengthen manufacturing competitiveness and revive export growth, think tank Global Trade Research Initiative (GTRI) said on Saturday (January 17, 2026). It also recommended movement toward zero duty on most industrial raw materials and key intermediates, while adopting a…

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Business