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NEW DELHI: The smartphone in your pocket is increasingly getting a ‘Made in India’ backstory – and so are many of the electronic parts that power daily life. India’s electronics manufacturing has grown sharply over the past 11 years, with production rising about six-fold and exports jumping eight-fold, govt told Rajya Sabha on Friday, adding…
India’s industrial production growth accelerated to a more than two-year high of 7.8% in December 2025, driven by strong performances across mining, manufacturing and electricity, official data released on Wednesday showed.Factory output, measured by the Index of Industrial Production (IIP), had grown 3.7% in December 2024, PTI reported.“Industry momentum further strengthened in December 2025 as…
India has emerged as the world’s largest rice producer, surpassing China with an output of 150.18 million tonnes, Union agriculture minister Shivraj Singh Chouhan said on Sunday.The announcement came as the minister released 184 new varieties of 25 crops developed by the Indian Council of Agricultural Research (ICAR) at an event in the national capital.Addressing…
A US-led takeover or restructuring of Venezuela’s oil sector could bring a major financial and strategic gain for India, potentially helping recover nearly $1 billion in long-pending payments and restarting crude production from oilfields operated by Indian firms, according to analysts and industry sources.India was once among the largest buyers of Venezuelan heavy crude, importing…
India has set up 132 Compressed Bio Gas (CBG) plants with a combined production capacity of 920 tonnes perday, with more capacity being added under the Sustainable Alternative Towards Affordable Transportation (SATAT) initiative, Union petroleum and natural gas minister Hardeep Singh Puri said on X.In a social media post, the minister said the CBG programme…
Eight core infrastructure industries recorded a modest expansion in November 2025, with overall output rising 1.8% year-on-year, supported by strong growth in cement, steel, fertilisers and coal, official data released by the Ministry of Commerce & Industry showed.The combined Index of Eight Core Industries (ICI), which accounts for 40.27% of the Index of Industrial Production…
Based on the HSBC Flash India Composite Output Index, the private sector saw robust business activity. (AI image) Business activity in India moderated in December, with the HSBC PMI Composite Index that measures India’s manufacturing and service sectors’ combined output, came in at 58.9, dropping from November’s 59.7. Despite this reduction, the index remained significantly…
China’s latest economic data for November indicated to a further loss of momentum, as retail sales slipped to a three-year low in November and both consumer spending and investment weakened, fuelling concerns about how sustainable the recovery is after months of deteriorating conditions. Figures released on Monday by the National Bureau of Statistics showed that…
China’s Envision Group is exploring the possibility of setting up a battery manufacturing plant in India, looking to tap into the country’s rapid push to modernise its grid and integrate more renewable energy.According to Bloomberg, Suman Nag, Envision’s global head for contracts, said the company is evaluating a 5 GWh-a-year, $34 million facility, which would…
Tata Power has signed commercial agreements with Druk Green Power Corporation to acquire a 40 per cent stake in a special purpose vehicle (SPV) to develop the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan, the company said on Friday. The equity commitment is valued at approximately Rs 1,572 crore and will be infused in…
