Tag: manufacturing

Manufacturing output registers strongest growth since Feb: HSBC PMI

The manufacturing sector has registered strongest growth in June since February, a survey by HSBC revealed on Tuesday. Results of the survey is known as HSBC Purchasing Manager Index (PMI). The index rose to 51.5 in June from 51.4. Though the increase in marginal the important thing is that the manufacturing output has increased for… Read More ›

AP split: Is it ‘ache din aane wale hain’ moment for cement cos?

Are good times round the corner for the cement industry in the South? At least the industry thinks so. The reason for its sudden optimism is the bifurcation of Andhra Pradesh – the largest manufacturing and consuming market in the southern region – into Telangana and Seemandhra. The industry expects cement consumption to pick up… Read More ›

How to fix manufacturing: Follow Germany, not China

India’s manufacturing sector has been sick for long. Despite the reforms of the 1990s, which boosted overall growth, India’s manufacturing could not improve its competitiveness. At 15% of GDP, it is much smaller than China’s 30%, and smaller too than Germany’s 21%, though Germany has much higher wages and a much stronger currency. The trust… Read More ›

Investments in infrastructure pushing demand for PVC

Globally, plastics industry is one of the leading contributors to economic growth. In spite of recession and long-term consolidation trend, the plastics industry has been one of largest and fastest-growing industry sectors of the economy. In the second half of the 20th century, plastics emerged as one of the most universally-used and multipurpose materials in the global… Read More ›

Budget 2014: Manufacturing to get truckload of sops

The Narendra Modi government is likely to unveil a range of measures in its first budget, expected to be announced next month, to revive manufacturing and create more jobs as it looks to put the economy back on the high-growth track. These steps could include an amendment giving relief to automakers, consumer durables firms and… Read More ›

Telecom manufacturing high on Prasad’s agenda

Policies that will boost telecom and electronics manufacturing in India are high on Communications and IT Minister Ravi Shankar Prasad’s first 100 days’ agenda. While Kapil Sibal, who held the portfolio under the UPA dispensation, had also taken this as one of the key initiatives, proposals such as the preferential manufacturing access did not take… Read More ›

Green manufacturing leading to economic and ecological gains

Faced with increased regulatory pressure, chemical manufacturers, especially pharmaceutical and fine chemicals makers, are taking green route for processing Chemicals industry is under increased pressure across the supply chain with a traditional reliance on non-renewable resources (that are becoming increasingly scarce and have uncertainties over continuity of supply); old processes (most chemical processes are based… Read More ›

Tata Motors launches campaign against spurious spare part makers

This is part of a systematic campaign against the sale of spurious spare parts under the Tata Genuine Parts brand.  PUNE: Cracking down on counterfeit spare parts makers, Tata MotorsBSE 0.15 % conducted a raid at 33 parts manufacturers and duplicate packing suppliers in Maharashtra. This is part of a systematic campaign against the sale… Read More ›

Adding value to polymer waste through recycling

Presence of metals, such as aluminum, in plastic waste makes it difficult to recycle. Specialty additives can offer a solution to this challenge by converting polymer waste into quality products Plastics have become a necessity in our daily lives. The wide variety of applications of plastics has made them indispensable but at the same time plastics… Read More ›

Target is to raise non-auto share: Steffen Berns

Interview with Managing Director, Bosch Ltd Having fared comparatively better than the Indian automobilemarket in 2013, which declined by 3 per cent on the production volume (without two-wheeler segment), the automotive business of Bosch Limited registered a marginal decline of 0.7 per cent. Steffen Berns, managing director, Bosch, explains, in an interview with Mahesh Kulkarni, how the… Read More ›