MANUFACTURING COST

New-age companies are choosing to set up manufacturing facilities in neighboring states like Maharashtra and Tamil Nadu, bypassing Karnataka. More on this in today's ETtech Morning Dispatch.

US manufacturing activity declined in June to 48.5 percent, below market expectations. Production execution was lower, causing revenue declines. Eight manufacturing industries reported growth, but textile mills, transportation equipment, and electri...

The surveys show how Chinese firms are ramping up production despite weak domestic demand, which Beijing has failed to reverse with a rescue package for an ailing property sector.

The US automobile industry has been threatened by the prospects of low-cost Chinese Electric Vehicles (EVs) reaching the country through the Mexican border. The US-Mexico-Canada trade agreement provides for free movement of goods and services betwee...

Legislation is needed to bring parity in working conditions among blue- and white-collar workers. Where this is not possible - for instance, in construction - wages must adjust to the harshness of outdoor work. Industry also has to commit more towar...

During the meeting, all projects were evaluated for their integrated planning and conformity with the PM GatiShakti principles. Emphasis was placed on the socio-economic benefits, improved connectivity, reduced transit costs and enhanced efficiency....

High installation costs and lack of skilled labor are major barriers to rooftop solar adoption in India, according to a Luminous Power Technologies survey. Conducted with 4,318 respondents across five metros and eight non-metro cities, the survey re...

India needs to take critical actions to transform its electronic sector ecosystem from an 'import dependent assembly led manufacturing' to 'component level value-added manufacturing', highlights a report by Confederation of Indian Industry.

Nishit Dedhia, the MD and cofounder of Kain Cosmeceuticals, is leading a tour of his cosmetics manufacturing facility in Khopoli, Maharashtra. The facility produces a variety of beauty products for the growing direct-to-consumer market in India.

Companies certifying vehicles for subsidies under FAME 3 - scheduled to be announced in the upcoming budget - will have to undergo a techno-commercial audit twice a year to ascertain they are meeting localisation guidelines. If they come up short, t...

Sales of listed private non-financial companies registered a growth of 6.9 per cent in the fourth quarter of 2023-24 compared to a 5.5 per cent rise in the previous quarter, according to the Reserve Bank data released on Thursday. The sales growth o...

India added over 1.8 gigawatts (GW) of solar open access capacity in the first quarter of the calendar year of 2024, posting a two-fold increase from 909.3 megawatts (MW) in Q4 2023, the report titled 'Mercom India Solar Open Access Market' said.

Manufacturing activity decreased to 57.5 in May from 58.8 in the previous month due to heatwaves and rising costs, as per a private survey by HSBC. The sector saw a softer rise in new orders and output, impacting work hours and production volumes fo...

The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index remained four points higher than the long-run average, with exports helping drive momentum.

Consumers in Kolkata will experience 2-5% price hikes on electrical goods due to factors like high inflation rates in copper and aluminium, freight cost increases, Red Sea crisis, and rupee depreciation.

Indian drugmakers, such as Dr Reddy's, Cipla, and Sun Pharma, are projected to maintain revenue growth in fiscal 2025, driven by drug shortages in the U.S. market. With 233 drugs in short supply, Indian companies are poised to benefit from the chall...

Even the current risk rate have been increased, cost of fund is going up. The NBFC is only one option to pass on that cost to the customer

Deven Choksey discusses the potential tariff hike in the telecom sector and the strategies of Jio and Vodafone Idea. He emphasizes the importance of data consumption and the need for investments in infrastructure for companies to stay competitive in...

Bar Code India (BCI) claims to leverage over 25 years of expertise to deliver cutting-edge software and hardware solutions that enhance supply chain and manufacturing operations. At the core of BCI's unique selling propositions are its indigenous pr...