Category : Search result: Manufacturing PMI


Tata Power's ₹6,675 Cr Solar Wafer Plant in Andhra

Tata Power Renewable Energy will build India's largest 10GW ingot & wafer facility in Nellore, AP, investing ₹6,675 crore. The project will create 1,000 jobs and boost domestic solar manufacturing. Read more.

India's Dec PMI Dips, But Economy Stays Strong

India's PMI for services and manufacturing softened in December 2025 to 11-month lows, yet remains firmly in expansion territory above 50, signaling a cool-off in a robust 'Goldilocks' year. Read the full analysis.

Titan Intech Launches UltraLED Brand, Invests Rs 250 Cr

Titan Intech Limited launches its premium UltraLED display brand, marking a major shift from assembly to owning core technology. The move is backed by a Rs 250 crore manufacturing facility in Andhra Pradesh and a tech partnership with South Korea's MIC.

Services PMI dips to 58.0 in Dec, job creation stalls

India's services sector expansion hit an 11-month low in December 2025 as new business growth slowed, HSBC PMI data shows. Job creation stalled, but optimism remains for 2026. Read the full analysis.

Rupee rises 12 paise to 90.18 vs US dollar

The Indian rupee appreciated against the US dollar on Tuesday, ending a four-day losing streak. Key factors include a weaker dollar index, geopolitical tensions, and domestic equity market trends. Read the full analysis.

India Services Sector Growth Eases in December: PMI

India's services sector activity moderated in December 2025, with the HSBC PMI falling to 58.0. Growth was the slowest in nearly a year amid softer new business expansion. Read the full analysis.

Tembo Group Gets Defence Licence for Amravati Pistol Plant

Tembo Group secures defence licence for Maharashtra's first handgun factory in Amravati. Plans to produce 30,000 pistols annually by September and 12 crore bullets in two years. A major boost for 'Make in India' in defence manufacturing.

India's Manufacturing Growth Slows to 2-Year Low in December

India's manufacturing sector growth eased in December 2024, with the HSBC PMI hitting a two-year low of 55.0. Export orders and employment moderated, while business sentiment weakened. Explore the key drivers and implications.

India Targets Top 4 in Chip Manufacturing by 2032

India's semiconductor push, backed by Rs 1.6 lakh crore in approved projects and talent from 298 universities, aims to make it a top-4 global player by 2032 and the best by 2035. Read more.

Govt Weighs New Smartphone Incentives Post-2025

India's Meity Secretary S Krishnan reveals discussions on extending or replacing the mobile phone PLI scheme set to expire in March 2026. The move aims to sustain manufacturing growth and boost local value addition.

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