Manufacturing Financial News

renewable energy technologies, electric vehicles, and infrastructure projects tied to green initiatives. The demand for copper copper’s conductivity and durability make it indispensable for electrical systems, wind turbines, and solar power generation. The growing global push towards decarbonisation and clean energy projects is a key factor in driving sustained demand for copper, even as its prices remain highly volatile due to economic shifts and geopolitical tensions.

Tata Electronics plant at Hosur is not operational within a month or so, market trackers and industry executives aware of the development said. But they are hopeful that the plant will become operational in a couple of weeks as the smartphone industry has entered the crucial festive season when the bulk of the sales happen. Operations at the Tata Electronics plant in the industrial town of Hosur in Tamil Nadu were disrupted over the weekend as a massive fire engulfed it. No casualties or injuries have been reported. The plant currently makes anodised enclosures, or cases, for the iPhone 15 and iPhone 16 models, according to industry analysts.

Subscribe to enjoy similar stories. September saw manufacturing activity in India slow, with the HSBC purchasing managers’ index (PMI) for the sector, as compiled by S&P Global, declining to 56.5 from 57.5 in August.

Subscribe to enjoy similar stories. New Delhi: India's apex consumer protection body has pulled up leading foreign and Indian liquor makers over so-called surrogate advertisements, in which liquor brands piggyback non-alcohol products.

Michael Lee Strategy founder Michael Lee explains the impact of the port strikes on the market and the economy and weighs in on the upcoming vice presidential debate.

The suggestions came in response to a proposal from the Department of Telecommunications (DoT) regarding setting up telecom manufacturing zones in the country. «The sheds should be constructed keeping in mind the requirements of manufacturers, so that they can just bring their machinery and start manufacturing,» said an industry executive, who did not wish to be identified.

He made these remarks at an event hosted by Carnegie Endowment in the US. India and China have been engaged in a territorial face-off since 2020 after the Chinese Army transgressed into multiple areas from the Galwan valley to the Finger area along the Pangong lake. Speaking about ties between India and China, he said, «In terms of our own relationship with China, I think it's a long story, but the short version is that we have agreements on how to keep the border peaceful and tranquil, and those agreements were violated by China in 2020. And some of the...because we have forward deployments of our militaries, there are resultant tensions. And until those forward deployments are addressed the tensions would continue. If the tensions continue, it casts a natural shadow over the rest of the relationship. So our relationship hasn't been built for the last four years.»

Piyush Goyal discussed the potential investment opportunities in India’s electronics manufacturing, data infrastructure and logistics sectors and new areas of collaboration particularly in advanced manufacturing, pharmaceuticals, robotics, artificial intelligence, and sustainable technologies with American companies during his ongoing visit to the US, commerce and industry ministry said in a statement Tuesday. “He invited American companies to leverage India’s unmatched scale and take advantage of the Make in India initiative, particularly in high-tech manufacturing and quality production,” the ministry said. During his meeting with Blackstone, Goyal said that the company has already invested about $50 billion in India and is one of the largest commercial and real estate investors in the country.

Subscribe to enjoy similar stories. As the festival season approaches, Indian passenger vehicle makers (PV) are cautiously optimistic despite a backdrop of declining wholesale dispatches, as well as lower retail sales in September on account of an inauspicious Shraadh period taking up the second half of the month. While passenger vehicle registrations declined 5% in September on a year-on-year basis, wholesales too moderated to account for swelling inventories at dealerships.

gold bracelet you're wearing might not be made of pure gold, and you might not even realize it without cutting it open. This issue came to light when an X (formerly Twitter) user shared a video revealing how gold bracelets are being made. According to the user, the bracelets are manufactured in China with very little gold, and it's difficult to determine the actual gold content without cutting them open. «Images from China have sparked discussion. They are producing bracelets using minimal amounts of gold. It’s impossible to tell if the products are real without cutting them open,» the user stated.

Avaada Group on Tuesday announced plans to invest Rs 1 lakh crore in Rajasthan in the renewable energy industry. The planned investment will fund major green energy initiatives, including a 1.2 GW-pumped hydro storage project, a 1 MTPA-green ammonia project, a 1 GW-wind power project, and a 10 GW-solar power project, the company said in a statement. These projects will come up across Jhalawar, Kota, Barmer, and Bikaner. These are expected to generate massive employment opportunities, promote green manufacturing, and significantly boost Rajasthan's contribution to India's renewable energy targets, Avaada Group said.

Subscribe to enjoy similar stories. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to an eight-month low of 56.5 in September from 57.5 in August. A reading of 50 separates expansion from contraction.

Subscribe to enjoy similar stories. Imagine a world where waste is transformed into valuable resources, reducing landfill clutter while fuelling industries from construction to automotive. This isn’t a distant vision—it's happening now.

Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to a closely watched survey called “tankan.”

World shares are mixed, with Japan's Nikkei 225 index regaining some of its sharp losses from a day earlier

Rahee Infratech Limited, an integrated railway civil engineering, manufacturing, and construction company in India, has filed its draft red herring prospectus (DRHP) with the market regulator SEBI to raise funds through an initial public offering (IPO). The IPO with a face value of Rs 2 per equity share is a mix of fresh issues of up to Rs 420 crore and an offer for sale of up to 2.7 million equity shares.

SME segment is responsible for nearly one-third of the country’s manufacturing output. With advancement in technology, more and more small businesses are adapting to the latest technology, including AI. The Indian mid-market businesses are prioritising the implementation of generative artificial intelligence (Gen AI) at a moderate or strong priority at 96%, ahead of the rest of the world at 91%, says Rajeev Singh, Vice President & Head of Mid-Markets, SAP Indian Subcontinent, citing a SAP survey released in September. Singh also believes there is an immense potential in the segment in terms of technology adoption. In an interaction with ET Digital, Singh says that many SMEs are still evaluating how they can make business outcomes out of AI. Edited excerpts:

Tata Power will be in focus in Tuesday's trade after the company announced the signing of a landmark memorandum of understanding (MoU) with the Rajasthan government. The agreement was signed during the ongoing Rising Rajasthan Investor Meet in New Delhi and the proposed investment plan under it will be Rs 1.2 lakh crore.

Subscribe to enjoy similar stories. New Delhi: The government is likely to allow sops for research & development and manufacturing under a new productivity-linked incentive policy for drones that is being discussed within the government, two people told Mint. The original proposal was to provide incentives for testing, R&D and manufacturing.

Subscribe to enjoy similar stories. New Delhi: The government’s renewed focus on setting up thermal power projects in the country and a surge in demand for coal-fuelled power generation have revived the fortunes of BHEL Ltd, India’s largest power equipment manufacturer, two people familiar with the matter said.

Subscribe to enjoy similar stories. Automobile dealers are staring at slowing sales and swelling stocks, after Onam and Ganesh Chaturthi that kick off India's annual festive season failed to revive a protracted slump. Concerns are mounting over whether the upcoming Navratri and Diwali festivals will spark a turnaround, amid record-high inventories, deep discounting and cooling consumer excitement.