India remains the world's fastest-growing major economy, clocking a 54.6 PMI for May. And with major investments and initiatives aimed at EV, defense, and tech development, India looks to keep it going. For more industry intel and other tidbits, read on.
India’s industry sector continues its strong showing with a healthy PMI of 54 and GDP growth likely at a robust 8.9%. Automotive, EV, and defense shine as they attract investment and opportunities. For more industry intel and other tidbits, read on.
India’s PMI hit almost 55 as defense, energy, AI, and AM investments and growth strategies expand. The PLI scheme is drawing major investments in microchips, electric scooters, and 5G hardware. For more industry intel and other tidbits, read on.
India’s manufacturing sector remains strong with the manufacturing Purchasing Manager’s Index (PMI) remaining well above 50 since July of last year. The government and the private sector are seeing that it remains that way with massive investments ...
India ended 2021 with a bang. The Purchasing Managers’ Index registered 55.5 for the month of December. Moving into 2022, opportunities abound. From EVs to microchips, from defense to off-road, from renewable energy to steel, India means business ...
India’s manufacturing PMI continues to climb as they head to a strong end-of-year performance. The medical, EV, and appliance industries all have staggering growth projections for upcoming years. With the IMTEX show less than two months away, ...
This week’s news from India is, quite frankly, great. The GDP growth for the year will approach double digits, and the manufacturing PMI remains in the mid-50s. The investments in defense manufacturing are staggering and wide open for FDI. ...
There is lots of good news to report from India, not the least of which are the economic stats. The manufacturing PMI remains healthy at 52.3, and the GDP is still projected to grow by 9% in 2021. In a recent C&W report, India ranked No. 2 in the world ...
India’s industry is humming along at a pre-pandemic pace, if not better. The PMI is above 55. Vehicle sales are up 34% YOY, with commercial vehicles up 165%. The new Vehicle Scrappage Policy was launched, which will attract billions of dollars in new ...
Due to the pandemic’s second wave in India, June’s manufacturing Purchasing Managers’ Index (PMI) contracted, dipping below 50 for the first time in 11 months. However, the worst is over, and the business resumption index jumped from 92% to 96% last week.
