Tag: manufacturing sector

Too good to last: On November’s industrial data, the Indian economy

December 30, 2025 admin

India’s relatively strong industrial performance in November 2025, especially driven by the manufacturing sector as it was, was more likely a flash in the pan than the start of a consistent trend. The Index of Industrial Production (IIP) grew 6.7% in November, the fastest growth rate in 25 months. Within this, the manufacturing sector grew…

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Govt sets up committee to examine tax, export clearance issues of manufacturing sector

September 3, 2025 admin

The Government has set up a committee to examine the tax and export clearance issues being faced by manufacturing units and suggest measures to further streamline the system amid high tariffs imposed by the U.S., an official has said. The Committee includes representatives from the Finance Ministry, Department for Promotion of Industry and Internal Trade…

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March manufacturing PMI at 16-year peak

April 2, 2024 admin

Image for representation purpose only. FIle | Photo Credit: PTI India’s manufacturing sector activity surged in March with new orders and output levels rising at the fastest pace since October 2020, lifting the HSBC India Manufacturing Purchasing Managers Index (PMI) to a 16-year high of 59.1 from 56.9 in the previous month. A reading of…

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