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New Delhi: As India advances toward its USD 35 trillion economy vision by 2047, manufacturing will be the engine of growth — supported by reforms, sectoral incentives and resilient supply chains, according to the government. The sector has gained strong momentum, reflected in GDP growth projections revised upward in Fitch ratings, IMF and S&P Global…
New Delhi: Key indicators reflected China’s factory output and retail sales going through their weakest growth since August last year. Retail sales have slumped, with demand at home weakening, and unemployment continued to tick up, said reports. Industrial production rose just 5.2 per cent year‑on‑year in August, down from 5.7 per cent in July, and…
New Delhi: The Index of Industrial Production (IIP) growth rate for the month of November 2024 is 5.2 per cent (a multi-month high), which was 3.5 per cent the month prior, quick estimates released by the Ministry of Statistics and Programme Implementation showed Friday. The growth rates of the three sectors, Mining, Manufacturing and Electricity…
New Delhi: India’s Index of Industrial Production (IIP) recorded a year-on-year growth of 3.5 per cent in October, up from 3.1 per cent in September this year, according to the data released by the Ministry of Statistics on Thursday. The industrial growth rate of the manufacturing sector, which accounts for more than three-fourths of the…