GLOBAL MANUFACTURING
The sheer energy India brings with it
India has provided power connections to over 300 million people since 2015 and improved gas supply accessibility. The country has installed 160 GW of solar panels, achieving its renewable targets ahead of schedule. India is also pursuing a tenfold increase in its nuclear energy capacity by 2047. Additionally, India has strengthened its petroleum refining capacity to enhance fuel supply security.
Cabinet clears Rs 10,000 crore SME Growth Fund to boost small and medium enterprises
The SME Growth Fund aims to provide long-term growth capital and address financing gaps for these businesses. By targeting manufacturing and services sectors, the initiative will facilitate expansion and enhance competitiveness. Strategic investments in Tier II and Tier III cities will foster balanced regional development as well.
Global Market: AMD to increase AI chip supply substantially in 2027 to meet rising demand
AMD plans to substantially increase chip supplies in 2027 as demand for AI processors accelerates. CEO Lisa Su is working with key suppliers in Taiwan and South Korea to expand manufacturing and secure advanced wafer and memory capacity.
Piyush Goyal steps up US outreach, pitches India to global investors for deeper investment ties
Union Commerce and Industry Minister Piyush Goyal held meetings with top executives from prominent investment firms and consumer companies. He discussed investment opportunities and partnerships with Blackstone, Neuberger Berman, and The Estee Lauder Companies. The discussions included India's manufacturing, sourcing, and its growing beauty and personal care market. Goyal's engagement aimed to strengthen investment linkages and explore further business opportunities.
It’s safety first for gas suppliers at Semicon Inc
Suppliers want detailed guidelines from the Petroleum and Explosives Safety Organisation (PESO), without which they believe commercial hubs face heightened risk of leaks, fires and process disruption.
From 95% imports to Rs 6.27 lakh crore in smartphone output: Jyotiraditya Scindia on India's mobile manufacturing growth
India's mobile phone manufacturing sector has grown from two companies to 300 over the last 12 years. The country now produces smartphones valued at ₹6.27 lakh crore, a remarkable increase from ₹20,000 crore. Broadband users have surged from 60 million to over 1 billion in the same period. India has developed its own 4G technology that supports over 1 lakh towers.
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'India operations evolved from manufacturing base to global innovation hub': Samsung
Samsung's journey in India began in 1995, and since then, it has cultivated a strong foothold by prioritizing local manufacturing and innovation. With significant production facilities in Noida and Chennai, the Noida site has become a pivotal smartphone export center. The brand has filed more than 14,000 patents locally, demonstrating its pledge to support the growth of indigenous component supply chains and its influential role in India's electronics landscape.
TVS Motor's Venu Srinivasan says EVs not sole answer to cutting emissions
TVS Motor Chairman Emeritus Venu Srinivasan said electric vehicles should not be treated as the only route to cutting pollution, arguing instead for a technology-agnostic approach that preserves consumer choice. He also backed ethanol blending as a way to reduce fuel imports and urged Indian manufacturers to raise quality and productivity standards to compete globally.
Bharat Forge secures contract from Pratt & Whitney Canada for aerospace engine components
Bharat Forge has secured a long-term contract from Pratt & Whitney Canada to supply mission-critical aerospace engine components. The components will be manufactured at Bharat Forge’s aerospace facility in India.
TVS Motor’s Venu Srinivasan says India must bridge quality gap to make ‘Made in India’ a mark of trust
India's manufacturing sector must focus on quality and innovation to secure a competitive global position. Venu Srinivasan expressed that India's progress must extend beyond cost-effectiveness to achieve international standards. The country faces significant challenges in gaining consumer trust for its products, requiring widespread improvement across all industries. Continuous efforts are necessary as companies evolve amid global competition in quality.
Semiconductor push, govt support driving EMS sector's growth, but valuation remains a concern: How 3 stocks with most buy calls are placed
Investor enthusiasm around the sector is visible in the performance of nine EMS stocks covered by multiple brokerages. The group has delivered an equal weighted average return of 55.3% so far in 2026, compared with 1.1% for the Nifty 500 Equal Weighted Index. Seven of the nine stocks have delivered posi tive returns, while three have gained over 100%. The analysis is based on closing prices as of 28 September 2026.
Tata Sons' Chandrasekaran lists 3 priorities to keep India’s growth engine humming
Tata Sons Chairman N Chandrasekaran said India’s economy remains robust and resilient despite global uncertainty, with strong domestic demand, services exports and government policy supporting growth.
Govt pushes rare-earth magnet capacity as India seeks greater control over critical manufacturing inputs: Shaktikanta Das
The government is working to build domestic capacity for rare-earth permanent magnets, crucial for automobiles, electronics and other manufacturing, Principal Secretary-2 to the PM Shaktikanta Das said. The move follows China’s restrictions on rare-earth exports, which exposed India’s dependence on Chinese supplies, estimated at 80–90% of the global rare-earth magnet ecosystem.
As ‘world architecture’ changes, Jaishankar calls for middle powers to pool resources
External Affairs Minister S Jaishankar called on emerging and middle powers to pool diplomatic, economic and technological resources as global alliances and institutions undergo change. Speaking at the Munich Leaders Meeting 2026, he identified peace and security, supply chains, healthcare, connectivity, climate action, defence, advanced manufacturing and space as key areas.
India’s growth is making the world rewrite its forecast: MoSPI Secretary Saurabh Garg
India's continued economic resilience, supported by strong corporate performance and sustained investment activity, is now being reflected in upward revisions to the country's growth estimates by various international agencies, Saurabh Garg, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), said.
India fastest-growing Asia market for NetApp; BFSI and public sectors key growth drivers: CEO
The San Jose-based data infrastructure company has also grown its global capability centre in Bengaluru, with the majority of global R&D processed out of the centre. With a team of about 4,000 engineers, the centre is the largest for NetApp and is core to the global innovation work for the company across technology areas.
GVC integration, supply chain resilience, FTAs key to boost exports, high-end manufacturing: Deloitte India
India needs deeper integration into global value chains, lower logistics costs and better use of free trade agreements to boost exports and move into higher-value manufacturing, according to Deloitte India. It also called for stronger supply-chain resilience, tariff rationalisation and greater support for MSMEs facing trade-finance, compliance and currency risks.
Textile output surges, but apparel production stays in the red. What’s driving the divergence?
Government data reveals growth of 8 percent in industrial output for August 2026, driven by manufacturing. Apparel production, however, declined by 7.4 percent in the same month, indicating ongoing challenges. In contrast, the textile industry has shown strong growth of 13.1 percent, signaling a divergence in trends. Experts suggest that upcoming festive seasons could boost demand for apparel manufacturing in the near future.
Canon in talks with those engaged in key chip projects in India, plans local service centres
Canon India President and CEO Toshiaki Nomura said the Japanese technology company has held discussions with key semiconductor manufacturers in India and plans to bring its lithography technology and service centres to the country. Canon sees a major opportunity in India’s growing chipmaking ecosystem and aims to support manufacturers as domestic semiconductor projects progress.
Commerce Minister Piyush Goyal meets US corporate leaders to push India investment opportunities
During his visit to the United States, Piyush Goyal held meetings with executives from several major American companies. The discussions focused on expanding investment and manufacturing opportunities within India under the Make in India initiative. Goyal highlighted the rising potential of India's consumer market as a strong base for global brands.
Nike lays a big long-term bet on India with new Bengaluru campus to serve athletes and drive growth
Nike Inc plans to open a new campus in Bengaluru by FY28 to strengthen its operations in India. This campus will be crucial for supporting Nike, Jordan, and Converse brands. The decision is part of Nike's broader strategy to enhance global growth and manufacturing capabilities. The location of the campus will be disclosed next calendar year.
Piyush Goyal says India does not have structural excess manufacturing capacity
Piyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian production caters to both domestic and global demand. Speaking at the G20 Trade Ministers' Meeting in the US, Goyal also stressed WTO rules, supply-chain diversification, forced labour concerns and the need to preserve policy space for developing economies.
Global factory activity boosted by AI spending boom
As AI investments surge, manufacturing activity in Europe and Asia grows noticeably. India boasts significant expansion in its manufacturing sector, boosting business confidence and supporting hiring efforts. Meanwhile, South Korea and Taiwan are experiencing a revival in factory operations, driven by semiconductor and automotive demands.
India's manufacturing PMI hits 7-month high in September as domestic, export demand strengthen
India’s manufacturing activity accelerated to a seven-month high in September, with the HSBC PMI rising to 55.1 from 52.8 in August as stronger domestic and export demand lifted new orders and output. Factory production posted its sharpest expansion in four months, while hiring resumed and business sentiment improved.
Samvardhan: Architecting scalable infrastructure and enterprise growth at India Mobile Congress 2026
India Mobile Congress (IMC) is set to take place in New Delhi from October 7-10, spotlighting the future of global connectivity and digital infrastructure. With its primary focus on Samvardhan, the summit will feature discussions around manufacturing, market access, and cutting-edge technologies led by industry experts, all aimed at transforming India's technological landscape.
India faces stiff capital-flow challenge amid global AI, manufacturing race
India is confronting significant challenges in attracting capital flows due to the evolving global investment environment. Developed countries are pursuing renewed manufacturing ambitions, which intensifies competition for capital. The artificial intelligence sector is driving capital investment across borders, affecting foreign direct investment. Despite signs of improving FDI inflows, short-term pressures on Indian assets and currency persist. Policymakers must respond effectively to this geopolitical and geoeconomic uncertainty to sustain growth.
Gold prices flat ahead of US jobs data
As Asia's trading day commenced, gold prices remained steady while market participants awaited the critical US jobs data release. This information is pivotal for deciphering the Federal Reserve's future interest rate moves. The latest inflation statistics from the US signaled a slight rise, tweaking the odds for upcoming rate changes. Additionally, Bank of Japan officials indicated that an increase in rate hikes may be on the table soon.
China factory activity returns to growth in September as AI boom supports industry
China's manufacturing sector showed signs of recovery with a manufacturing purchasing managers' index of 50.1 in September. This marks an improvement from the previous month's reading of 49.8, indicating a rebound in factory activity. Easing weather disruptions and a boost from the global AI industry contributed to this growth. Policymakers are under pressure to implement further support measures as economic readings remain soft.
Anupam Rasayan completes Bliss GVS deal, targets Rs 4,000-crore integrated platform
Anupam Rasayan India Limited has finalised its acquisition of a controlling interest in Bliss GVS Pharma, marking a strategic expansion into finished dosage formulations. This acquisition strengthens Anupam Rasayan's pharmaceutical portfolio, bolstered by Bliss GVS Pharma's extensive array of over 150 brands across several therapeutic segments, while also offering valuable growth avenues through their current manufacturing infrastructure.
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