New Delhi, June 19 (IANS) Prime Minister Narendra Modi on Friday announced that he will attend a programme at Vigyan Bhawan in New Delhi at 5 p.m., where incentives worth around Rs 2,400 crore will be distributed under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY). PM Modi took to the social media platform ‘X’ and said, “At 5 PM today, will attend a programme where incentives worth around Rs. 2400 crore will be distributed under the Pradhan Mantri Viksit Bharat Rozgar Yojana. This is …
Latest Manufacturing Sector News & Updates
New Delhi, June 19 (IANS) Prime Minister Narendra Modi will distribute incentives worth around Rs 2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a special programme to be held at Vigyan Bhawan on Friday.The scheme has facilitated the creation of around 15 lakh employment opportunities across the country since its launch, according to the Prime Minister’s Office (PMO).It has been designed to incentivise both employees and employers to join and participate in the for…
New Delhi, June 7 (IANS) Private sector investment activity witnessed a significant surge in FY26, with investment announcements rising to Rs 56 lakh crore from Rs 37 lakh crore in the previous financial year, according to a report by State Bank of India Research. The sharp increase comes amid ongoing debates over the pace of private capital expenditure and suggests growing confidence among businesses in the country’s economic prospects.In its latest Ecowrap report, SBI Research noted that priva…
New Delhi, June 1 (IANS) Industry leaders on Monday lauded steady growth of Index of Industrial Production (IIP) for April despite severe global headwinds and rising input costs amid the West Asia crisis.The growth of capital goods at 16 per cent is significantly strong and indicating an enhanced investment and strong aggregate demand in the country, said Nirmal Kumar Minda, President, Assocham.“High growth of intermediate goods at 7.7 per cent, infrastructure/construction goods at 7.1 per cen…
New Delhi, June 1 (IANS) India’s industrial production clocked a 4.9 pc growth in April this year, compared to the same month of the previous year, propelled by a robust growth in the manufacturing sector, according to the new series data with base year 2022-23 released by the Ministry of Statistics on Monday.The manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), posted an impressive 6.2 per cent growth during April compared to the sam…
New Delhi, May 29 (IANS) The Bharat Audyogik Vikas Yojana (BHAVYA) scheme aims to create investment-ready industrial parks that can rapidly attract industries, generate employment and strengthen India’s manufacturing ecosystem, DPIIT Secretary Amardeep Singh Bhatia said on Friday.Addressing the gathering during a workshop organised by the National Industrial Corridor Development Corporation (NICDC) here, Bhatia said the success of the BHAVYA scheme would not be measured merely by infrastructur…
New Delhi, May 22 (IANS) Commerce and Industry Minister Piyush Goyal held a brainstorming session with senior officials of various ministries and captains of Indian industry on drawing up an action plan to strengthen the country’s manufacturing sector.”Chaired a comprehensive and productive meeting with officials from key ministries and leading industry associations to strategize on boosting domestic manufacturing,” the minister said in a post on X.”Reaffirmed the Government’s commitment to wo…
New Delhi, May 6 (IANS) India’s manufacturing sector reported sustained growth and rising optimism in Q4 FY26 even as input costs climbed, a report said on Wednesday. The report from FICCI said that its Manufacturing Survey found 93 per cent of respondents saying production was higher or flat, compared to 91 per cent in the previous quarter.This optimism was also evident in domestic demand, as 89 per cent of respondents anticipated higher or same orders in Q4 FY 2026 compared to the previous q…
New Delhi, April 29 (IANS) Bengaluru’s emerged as India’s strongest GCC leadership hotspot with an active leadership pool of over 15,000 professionals, high retention and net‑positive movement of staff position, a report said on Wednesday.The report from staffing firm Xpheno Research said global enterprises are increasingly choosing India’s GCC route for access to specialised capabilities and leadership quality rather than cost arbitrage.The report said that the city’s overall leadersh…
New Delhi, March 30 (IANS) India’s industrial production clocked a 4.1 per cent growth in March this year compared to the same month of the previous year, propelled by the manufacturing and mining sectors, according to data released by the Ministry of Statistics on Tuesday.The manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), posted a 4.3 per cent growth during March compared to the same month of the previous year. The sector plays a ke…