New Delhi, Feb 27 (IANS) India’s real GDP growth rate for the October-December quarter (Q3) of the financial year 2025-26 is estimated at 7.8 per cent in the new series with 2022-23 as the base year, data for which was released by the Ministry of Statistics on Friday.The projected annual GDP growth rate for the full financial year 2025-26 has been pegged at 7.6 per cent compared with 7.1 per cent for 2024-25, according to the advance estimates, which were also released along with the data.Real G…
Latest Manufacturing Sector News & Updates
Mumbai, Feb 26 (IANS) India has 30 high-potential industrial and warehousing hotspots, driven by infrastructure expansion, manufacturing growth and policy push, according to a new report released on Thursday.Eight out of 30 high-potential cities are already established markets, as Colliers identified 22 additional emerging and nascent hubs.It identified multiple high-potential cities based on industrial hubs identified by the government and an in-house analytical framework built around five key …
New Delhi, Feb 24 (IANS) A year-on-year analysis of the MSME Business Confidence Index (M-BCI) for the October-December 2025 quarter, at both composite and sectoral levels, indicates an improvement over the last one-year period despite the global risks as the domestic macroeconomic environment has offered strong support, according to a SIDBI outlook survey released on Tuesday.Availability of working capital finance and overall finance recorded the strongest improvement; sales and overall busines…
New Delhi, Feb 20 (IANS) The Centre’s Production Linked Incentive (PLI) Scheme has succeeded in attracting investments of over ₹2.16 lakh crore in the manufacturing sector and created more than 14.39 lakh direct and indirect jobs as on December 31, 2025, according to a statement issued by the Ministry of Commerce and Industry on Friday.Cumulative sales of manufacturing units set up under the scheme exceeded Rs 20.41 lakh crore, while total exports crossed Rs 8.3 lakh crore. The government ha…
Chennai, Feb 12 (IANS) Chief Minister M.K. Stalin on Thursday asserted that Tamil Nadu’s economic growth has outpaced the national average, highlighting the state’s rapid industrial expansion, record investments, and emerging leadership in advanced technology sectors. Speaking at a high-level investors’ meet organised by the Department of Industries, Investment Promotion and Commerce in Chennai, CM Stalin said the data presented at the event was a “direct answer to critics” and reflect…
New Delhi, Feb 12 (IANS) India’s manufacturing performance has strengthened further in recent quarters, with GVA (gross value added) growth of 7.72 per cent in Q1 FY26 and 9.13 per cent in Q2, supported by a gradual shift towards higher-value production, improved industrial infrastructure, and wider adoption of technology and formalisation, an official statement said on Thursday.The Economic Survey 2025-26 highlights that medium- and high-technology industries now contribute 46.3 per cent of I…
New Delhi, Feb 2 (IANS) Union Budget 2026–27 kept a “long‑term vision at the forefront” by increasing capital expenditure and improving the expenditure mix, a report said on Monday.The report from Crisil Intelligence said the focus is shifting to the long term—with reforms, improving ease of doing business, and inclusive growth getting centre stage.Immediately after the Covid-19 pandemic, the primary focus was on ramping up infrastructure spending and mitigating pandemic impact on growth a…
New Delhi, Jan 29 (IANS) The UK India Business Council (UKIBC) on Thursday called for a simplified tax regime through exemptions on capital tax gains from foreign portfolio investors FPIs and other investor-friendly reforms from Union Budget 2026-27.The business advisory body also called for strengthening the GIFT City proposition as a globally competitive financial services hub, simplified GST compliance, incentives and support for the telecom sector.It urged the government “to provide increase…
New Delhi, Jan 29 (IANS) A strong manufacturing sector can push India’s medium-term economic growth to 7.5 or 8 per cent, higher than the 7 per cent projected in the Economic Survey, Chief Economic Adviser V. Anantha Nageswaran said on Thursday.Addressing the media after the tabling of the Economic Survey in the Parliament, the CEA said that a strong manufacturing sector, which pushes up exports, would also reduce the current account deficit and bolster the rupee.He also said that the sector i…
New Delhi, Jan 28 (IANS) The government on Wednesday released a discussion paper which outlines the proposed methodology for seasonal adjustment of the Index of Industrial Production (IIP).The Ministry of Statistics and Programme Implementation (MoSPI) is undertaking the base revision exercise of the IIP.In the process, it is revisiting methodologies, exploring new data sources and incorporating changes after comprehensive consultations with the experts, academicians, users and other stakeholder…