Washington, Jan 15 (IANS) US President Donald Trump has said he has signed two new trade actions under Section 232. The moves target critical minerals and semiconductor imports. White House Staff Secretary Will Scharf said the first action followed a trade investigation into critical minerals. He said it creates a process to secure US supply chains for critical minerals and related products.The second action focuses on semiconductors. Scharf said it sets up a two-phase process. Under the first p…
Latest Manufacturing News & Updates
Washington, Jan 14 (IANS) President Donald Trump said the US economy was “rocketing” on the back of a manufacturing revival, defending his rollback of electric vehicle mandates and predicting that robotics would play a growing role in addressing labor shortages.Speaking during an interview with CBS News at an active Ford assembly line, Trump pointed to expanded production across major automakers as evidence of economic strength.“If you went around this plant, like I have, they just announc…
Bengaluru, Jan 13 (IANS) Artificial Intelligence (AI) emerged as the defining hiring force in 2025 in India, with 290,256 AI-linked roles posted last year, a report showed on Tuesday.This momentum is set to accelerate further, with AI hiring projected to grow 32 per cent year-on-year in 2026 to nearly 3.8 lakh roles, said the report by foundit (formerly Monster APAC & ME).India’s job market closed 2025 with renewed confidence, clocking sustained hiring growth across sectors, roles and citi…
New Delhi, Jan 12 (IANS) Youth hiring in India is projected to grow by 11 per cent by 2026, generating approximately 1.28 crore new jobs, according to a report on Monday.The report by NLB Services showed that IT services will account for around 30-40 per cent, manufacturing around 12 per cent, healthcare around 13 per cent, fintech around 20 per cent, logistics around 10.7 per cent, and green energy around 4 per cent of these roles.“As we mark Youth Day on the lines of ‘Ignite the Self, Impa…
Gandhinagar, Jan 11 (IANS) The Vibrant Gujarat Regional Conference for Kutch and Saurashtra saw major announcements from India’s top industrial leaders, reinforcing Gujarat’s position as a national investment magnet on Sunday. Reliance Industries Chairman Mukesh Ambani unveiled five significant commitments for Gujarat, reaffirming the company’s deep connection with the state. He announced that Reliance will double its investment to Rs 7 lakh crore over the next five years, compared to Rs 3…
New Delhi, Jan 10 (IANS) India needs to further strengthen its renewable energy (RE) ecosystem and scale clean energy deployment, according to a senior government official.Santosh Sarangi, Secretary, Ministry of New and Renewable Energy, said that India’s renewable energy journey over the last decade has been nothing short of spectacular, marked by phenomenal leapfrogging in global rankings.“Our strategy has been defined by a single-minded national objective pursued across three clear vertic…
Lucknow, Jan 9 (IANS) Uttar Pradesh Chief Minister Yogi Adityanath, alongside Defence Minister Rajnath Singh, inaugurated an Indian automobile manufacturing firm’s state-of-the-art electric vehicle manufacturing plant in Lucknow on Friday. The facility, dedicated to the nation in a record time of just 18 months, is a clear evidence of Uttar Pradesh’s rapid industrial transformation under the double-engine government at the state and the Centre.The dignitaries visited the modern plant and planted…
New Delhi, Jan 7 (IANS) Prime Minister Narendra Modi on Wednesday said that India’s “Reform Express” continues to gain momentum, as official figures showed that real GDP has been estimated to grow by 7.4 per cent in FY 2025-26 against the growth rate of 6.5 per cent during FY 2024-25.According to the National Statistics Office (NSO), nominal GDP is estimated to grow at 8.0 per cent in FY2025-26.In an X post, PM Modi said: “This is powered by the NDA Government’s comprehensive investment push a…
New Delhi, Jan 7 (IANS) India’s real GDP growth rate has been projected at 7.4 per cent in FY 2025-26, up from 6.5 per cent during FY 2024-25, according to the advanced estimates released by the Ministry of Statistics on Wednesday.The buoyant growth in the services sector has been found to be a major driver with a robust growth of 9.9 per cent at constant prices in FY 2025-26 for financial services, real estate, professional services, and public administration.Trade, hotels, transport, and com…
New Delhi, Jan 5 (IANS) Pakistan’s official figures citing 3.7 per cent economic growth in Q1 FY26 is likely an accounting illusion on paper rather than real increases in production or exports, a report has said.A report from Express Tribune cited the think tank Economic Policy and Business Development’s (EPBD) view that the growth approved by the National Accounts Committee (NAC) reflects “methodological artefacts, deflator manipulation and import-led assembly activity,” instead of real gains i…