Wave of job cuts set to hit construction, manufacturing and IT – as Britain expected to enter recession this week
Coronavirus: One in three UK companies expect to cut jobs by September, poll finds
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Tag Archives: Manufacturing
Will have to increase import duties in more sectors to encourage local manufacturing: Nitin Gadkari
Gadkari-led MSME ministry earlier this year managed to have import duties slashed on incense sticks and bamboo used in the same, to encourage local industry here. In July this year, the government imposed licensing requirements for import of colour TV and tyres, in a bid to discourage imports. Similar measures are being mulled for toys, furniture and sports […]
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Huawei Reportedly Set To Halt Manufacturing Of Kirin Chipsets
Huawei will stop making its Kirin Chipsets beginning next month, according to the Chinese financial magazine Caixin. read more
$14 Million DyeMansion Investment Ensures A Colorful Future For 3-D Printing
DyeMansion, a leader in additive manufacturing finishing systems, has just raised $14 million in a Series B funding round. This brings the company’s total investment to $24 million.
Vocal for Local: Modi govt restricts ‘Colour TV’ imports; India imported TVs worth this much in recent years
Around 30 per cent of TVs are imported from various countries and about 80-85 per cent TV components are imported as there is no local manufacturing.
Read More on Financial Express
No factory output growth data for second month in a row; govt to revise IIP policy
The IIP for the mining, manufacturing, and electricity sectors stood at 87.0, 82.4, and 149.6 respectively in May.
Quick Estimates Show Contraction Of Nearly 35% In Industrial Production In May
Ministry of Statistics & Programme Implementation stated today that for the month of May 2020, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stand at 88.4, marking a drop of 34.71% compared to May 2019. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of May 2020 stan […]
Vaccine Makers Turn to Microchip Tech to Beat Glass Shortages
We’ll need millions of vials to distribute the vaccine. The US government thinks manufacturing methods from the semiconductor industry can help.
Segway stops production, marking the end of a scooter era
Manufacturing of the Segway PT will halt in July, marking the end of the innovative scooter.
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