 "Manufacturing exports plummet from 18% in FY13 to just 1.8% in FY24, signaling a dramatic decline in international sales.")
In a concerning trend for India’s manufacturing sector, the share of exports in total sales has plummeted by nearly two-thirds over the last decade, ending in the financial year 2022-23. Exports once made up over 18 percent of manufacturing sales in FY13, but this figure dropped dramatically to just 6.8 percent in FY23. Early estimates ...
 "PMEA Solar prepares for a dramatic IPO, seeking Rs 600 crore to expand manufacturing and repay debt amid soaring revenues.")
PMEA Solar Tech Solutions Ltd has filed for an initial public offering (IPO) with the Securities and Exchange Board of India (Sebi). The IPO aims to raise Rs 600 crore through a fresh issue, along with an offer to sell 11.24 million shares from existing promoters. The funds will be used for capital investments, including ...
 "Tata Electronics expands India’s semiconductor manufacturing with new fabs, aiming for a pivotal role in the global chip market.")
Tata Electronics is expanding its semiconductor manufacturing capabilities in India by building two new fabrication plants in Dholera, Gujarat. This move aims to strengthen the domestic chip ecosystem and meet the increasing global demand for semiconductors. The first fab is under construction and set to start production in 2026, focusing on essential chips for various ...
 "Indian Manufacturing Slumps: PMI Falls to Three-Month Low Amidst Competition")
In August 2024, India’s manufacturing growth slowed to a three-month low, with the Purchasing Managers Index (PMI) dropping to 57.5 from 58.1 in July. Despite the decline, any PMI figure above 50 indicates expansion. The slowdown was attributed to softer growth in new orders and output, partly due to intense competition. However, input cost inflation ...
