India’s manufacturing sector expanded at its fastest pace in six months in November 2010. India’s purchasing
managers’ index (PMI) compiled by HSBC Holdings and
Markit Economics rose to 58.4 in November 2010 from 57.2 a month earlier. The order flow continued to improve, adding optimism to India's growth prospects for 2010.
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| Significantly, according to a recently published 2010 Global Manufacturing Competitiveness Index, a collaboration between Deloitte and the US Council on Competitiveness, India along with China, will become world leaders in manufacturing competitiveness by 2015, The United Nations Industrial Development Organisation (UNIDO) in its latest issue of the quarterly magazine 'Making It: Industry for Development' also quoted the same. |
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India, China will lead in manufacturing competitiveness by 2015: Report
OIFC: Dec 03, 2010 |
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| India, along with China, will become world leaders in manufacturing competitiveness by 2015, according to a recently published 2010 Global Manufacturing Competitiveness Index, collaboration between Deloitte and the US Council on Competitiveness. The United Nations Industrial Development Organisation (UNIDO) in its latest issue of the quarterly magazine 'Making It: Industry for Development' also quoted the same. The index based...
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It just got a little better: Nov PMI rises to 58.4%
Economic Times: Dec 02, 2010 |
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| Manufacturing grew at the fastest pace in six months in November, with HSBC Purchasing Managers' Index (PMI) reaching a six month high of 58.4, from 57.2 in October, as the order flow continued to improve, adding optimism to India's growth prospects for 2010... |
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Manufacturing sector sees double-digit growth: Survey
CII: Nov 29, 2010 |
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| Indian manufacturers clocked an impressive growth in the first half of the current fiscal, with one in three sectors reporting 20 per cent plus production growth, even as the rise was muted in the second quarter, said a survey by industry body CII... |
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Industrial output surges 10.8% in Oct
The Hindu Business Line: Dec 11, 2010 |
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| After the buoyant gross domestic product (GDP) in the second quarter, the industrial output has registered a robust growth of 10.8 per cent year-on-year (y-o-y) in October 2010. The latest increase in the official Index of Industrial Production (IIP) is mainly on account of high consumer spending as well as corporate investments... |
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Infra output rises 7% in Oct, brightens IIP prospects
Business Standard: Dec 1, 2010 |
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| India's infrastructure sector output grew by an impressive 7 per cent in October 2010, compared to 3.9 per cent in the same month in 2009, indicating a positive signal for the Index of Industrial Production (IIP) for October... |
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Core growth hits 7-month high at 7% in Oct
CII: Dec 01, 2010 |
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| The index of six key infrastructure industries rose 7 per cent in October from a year ago, a seven month high, indicating that the industry could revert to high growth rates soon. The six core industries—crude oil, petroleum refining, coal, electricity, cement and finished steel—have a combined weight of 26.7 per cent in the index... |
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Automotive aftermarket sector gears up to service complex vehicles with hi-tech equipment
CII: Nov 22, 2010 |
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| Fuelled by the increasing number of vehicles on the road and ongoing aggressive expansion of Indian and foreign players, the automotive aftermarket for parts and services are growing rapidly. The aftermarket segment, which covers equipment and parts manufacturers, distributors, retailers, service providers and garages, is estimated to be worth US$ 5.23 billion and is estimated to surpass US$ 9.6 billion... |
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Nissan's Indian component sourcing to rise four-fold in 2 yrs
Business Standard: Nov 26, 2010 |
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| Nissan Motor Ltd plans a four-fold increase in sourcing of production components from India for its global operations. The company plans to import components worth US$ 40 million by the end of 2012 from Indian vendors... |
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Harley Davidson to set up assembly unit
Business Standard: Nov 03, 2010 |
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| American superbike maker Harley Davidson is setting up an assembly unit at Bawal, Haryana. This will be its second plant outside the US, after Brazil... |
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Bharti's JV firm opens processed food R&D, manufacturing unit
Business Standard: November 04, 2010 |
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| FieldFresh Pvt Ltd—50:50 joint venture (JV) of Bharti Enterprises Ltd and Filipino firm Del Monte Pacific Ltd—has inaugurated its research and development (R&D) and manufacturing unit at Hosur, Tamil Nadu, at an investment of Rs 115 crore (US$ 25.95 million)... |