Manufacturing

The new government at the Centre in New Delhi, will have a “fairly robust” economic agenda and need to support fiscal integrity and reforms.

The demand for naphtha in India is projected to grow at a CAGR of 6.18% during 2019-2030 to reach 37,158 thousand tonnes by 2030.

The India room air conditioner market size is projected to grow at a CAGR of 13.7% during 2019-2025, said ResearchAndMarkets in a report on 16 May 2019.

Tata Chemicals will aggressively grow its Specialty Chemistry business in the areas of Agro-Science, Nutrition Science, Material Science, and Energy Storage Science.

The Indian solar power equipment market is projected to grow at a CAGR of over 12% to reach US$6.3 billion by 2024, owing to increasing focus on solar power generation, said a report by ResearchAndMarkets.

The importance of Surat, the world’s largest diamond cutting centre, was highlighted in global markets when the industry hosted the Rapaport Trade Mission’s 36 international diamantaires and jewelers from the US, Singapore, UK, Lebanon, Japan, Israel, Austria, Australia, Italy and...

Downward trend in labour-intensive sectors of exports not good for the economy, said FIEO President Ganesh Kumar Gupta, reacting to export growth of a mere 0.64% for April 2019.

Indian defence industry sees good opportunities for exports to the South East Asian and Gulf countries where economic slowdowns have added to budgetary constraints in acquiring viable, cost-effective and reliable solutions.

Vice President, M. Venkaiah Naidu has informed the Vietnamese Prime Minister that India was ready to partner with Vietnam in satellite construction, both for civilian and non-civilian uses.

The Federation of Indian Chambers of Commerce and Industry's (FICCI)  latest 'Quarterly Survey on Manufacturing' highlights a continued positive sentiment for manufacturing sector in Q4 of 2018-19.