Tag: manufacturing

Foreign Trade, MSME, TECHNOLOGY, Trade

Transformative Growth: Unveiling the Impact of India’s Production-Linked Incentive Schemes on Manufacturing and Exports

 Introduction With the launch of the Production-Linked Incentive (PLI) programs in the fiscal year 2021–2022, India set out on a bold new path intended to stimulate exports and local production. Notable progress has been made in a comparatively short amount of time; as of November 2023, investments have surpassed Rs 95,000 crore, which is more than 48% of the initial budget of Rs 1.97 lakh … Continue reading Transformative Growth: Unveiling the Impact of India’s Production-Linked Incentive Schemes on Manufacturing and Exports

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Automobile, Rural sector

India’s Boom: Does it benefit the Poor ?

In 1991, India began its economic liberalisation journey, opening its doors to globalisation and market forces. Since then, the world has been watching the country’s investment and trade regime, which has resulted in a significant reduction in poverty, increased consumer choice, and increased economic growth. Despite current global economic uncertainties, the International Monetary Fund projects that India’s GDP will grow by 7.4 percent in 2023-24, … Continue reading India’s Boom: Does it benefit the Poor ?

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Automobile, Consumer Industry, SECTORS

Spike in India’s Manufacturing PMI: An optimistic view of the future

The Indian manufacturing sector saw a jump in S&P Global India Manufacturing Purchasing Managers Index (PMI) from 55.7 in November to 57.8 in December. The index consists of responses to questionnaires sent by S&P Global to purchasing managers of about 500 manufacturing firms. It is based on five individual indexes: New orders, output level, New employment, supplier’s delivery time, and stock of items purchased. Generally, … Continue reading Spike in India’s Manufacturing PMI: An optimistic view of the future

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Automobile, Telecommunications

India Semiconductor Mission: A Revolution In The Making.

The pandemic unveiled various loopholes present in the supply chain and disrupted the manufacturing capacity of several industries. The shortage of semiconductor chips throttled the production of medical devices, automobiles, and defense equipment, which led to revenue losses of billions of dollars. The over-dependent geopolitically and geo-economically significant Indian semiconductor industry can pose security threats compromising cyber security, critical systems, and communications. To overcome this, … Continue reading India Semiconductor Mission: A Revolution In The Making.

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