PRODUCTION
India’s manufacturing model shifting toward IP-led, research-driven production: 3one4 Capital
According to a report titled The Future of Production in India by early-stage venture firm 3one4 Capital, while low-cost labour remains a factor, India’s future competitiveness will likely depend on its ability to produce high-complexity, innovation-led goods across sectors such as semiconductors, aerospace, and specialty chemicals, among others.
Cooler April cools sales: ACs, fridges see sharp drop as summer falters in south, east
Summer product companies face challenges as April sales decline. Air conditioner and refrigerator sales dropped significantly in some regions. Beverage sales saw a marginal impact in select markets. Lower heatwave days and moderate temperatures contributed to the slowdown. Companies postpone planned price hikes. They anticipate improved sales with expected heatwaves in May and June.
Amazon is not planning to show added tariff costs next to its online product listings
Amazon has denied reports that it plans to list tariff-related costs alongside product prices, following a news story and backlash from the Trump administration. The idea was briefly considered for Amazon's low-cost Haul storefront but was never approved. The controversy appears to stem from a misunderstanding of internal discussions.
New Tata plant starts iPhone production, Foxconn close behind as Apple looks to India, sources say
Apple has begun iPhone production at a new Tata Electronics plant in Tamil Nadu, with another Foxconn facility in Bengaluru set to start shipments in May. As US-China trade tensions rise, Apple is accelerating its shift to India, targeting major production relocation by 2026.
Foxconn India revenue rises to over $20 billion, employee count up at around 80,000
Foxconn more than doubled its India revenue to over $20 billion in FY 2024-25, driven by iPhone production. Its workforce grew 65% to 80,000. The firm is expanding with major investments in manufacturing, AirPods, and semiconductors, anticipating continued rapid growth.
Reliance’s FMCG arm becomes India’s 8th largest in just 2 years, surpassing Marico
Reliance’s FMCG arm has swiftly become India’s eighth-largest, clocking Rs 11,500 crore revenue in FY25. Driven by brands like Campa and Independence, it surpassed Marico and Tata Consumer’s India business. With aggressive expansion, rapid product rollouts, and store rationalisation, Reliance Retail continues reshaping India’s consumer goods landscape, including quick commerce ambitions.
- Go To Page 1
Tata Motors' EV journey moving in the right direction: Anand Kulkarni, Chief Products Officer
Tata Motors, holding a significant 38.10% of the Indian EV market as of March 2025, has sold over 2 lakh EVs since February 2025. Here, the company's chief product officer Anand Kulkarni discusses Tata's EV design philosophy, infrastructure roadmap, and future plans, highlighting the shift from converting ICE vehicles to EVs to designing specifically for electric powertrains.
Low labour productivity and gaps in high-tech infrastructure holding back India's export potential: Report
India is diversifying exports with FTAs. The Purchasing Managers' Index leads in Asia. Positive sentiment is seen across manufacturing parameters.
VCs should understand that AI is a ‘product’, not a ‘company’: Ronnie Screwvala
Screwvala believes India will become the largest consuming market for AI globally. “Not the hyper-advanced AI, but that base-level, accessible AI. Look at the Ghibli trend. Think of how platforms like Facebook grew their largest non-US user base in India. That’s going to happen with AI too. The native Indian user will learn AI faster than most, leapfrog the curve, and adapt quickly.”
India will be fiercely competitive on many products due to comparative matrix of tariffs: Jyotiraditya Scindia
Union Minister Jyotiraditya Scindia asserts India's competitive edge despite global tariffs, attributing it to a vast domestic market, economies of scale, and innovation focus. He highlights India's favorable position in a comparative tariff matrix, anticipating increased competitiveness across various products. Scindia emphasizes India's economic transformation, projecting it to become the third-largest economy by 2028, driven by manufacturing and export growth, particularly in mobile phone production.
India will be fiercely competitive on many products due to comparative matrix of tariffs: Scindia
Jyotiraditya Scindia says India will remain competitive despite global tariffs. He cites India's large domestic market and innovation focus. Scindia notes India's favorable tariff position compared to other nations. He expects India to become more competitive across various products. India's economy is growing rapidly. It is projected to be the third-largest by 2028.
Most women entrepreneurs seek tailored financial products to meet small business needs: Report
A recent report highlights the challenges faced by women entrepreneurs in tier II and smaller cities. They require tailored financial products. Many struggle to access credit despite existing schemes. Strict collateral requirements and low financial literacy are major hurdles. The report suggests policy changes to encourage alternative credit options. Tide has launched 'The Udaan Chronicles' to support women entrepreneurs.
KPG Spices targets Rs 100 cr revenue in 2025-26 on network, product expansion
KPG Spices, owned by Marvel King Ltd, aims to double its turnover to Rs 100 crore in fiscal year 2025-26 through new product launches and network expansion. The company, which achieved Rs 50 crore in revenue this year, is launching whole spices in North India and plans to expand into UP, Rajasthan, and the Northeast.
Cooperation ministry signs MoU with Swiggy Instamart to market cooperative products
The cooperation ministry has partnered with Swiggy Instamart to bring cooperative dairy and organic products to the quick commerce platforms. This collaboration will enable cooperatives to reach new customers through technology, with Swiggy creating a dedicated "Cooperative" category featuring products made by cooperative organisations.
Nissan to end vehicle production at Wuhan plant-Yomiuri
Nissan Motor plans to halt vehicle production at its Wuhan plant in China by March 2026 due to severely low operation rates. The plant, leased from Dongfeng Motor, has seen its capacity utilization plummet below 10% amid intense competition from domestic Chinese automakers. This decision follows Nissan's forecast of a substantial net loss for the past financial year.
WTO gives Taiwan, India more time on IT duty dispute
India and Taiwan get more time on import duty dispute. The World Trade Organization (WTO) has accepted their request. They wanted to delay the ruling on import duties. These duties are on certain information and technology products. This is the seventh time the decision is postponed. The dispute started in 2019. Japan, the EU, and Taiwan challenged India's import duties.
Apple plans to ramp up iPhone production in India to accelerate manufacturing shift from China
Apple intends to significantly increase iPhone production in India. This move aims to shift manufacturing away from China. The goal is to mitigate business risks from the Sino-US trade situation. India's iPhone output could rise to 70-80 million by 2026. India may become a key iPhone supplier to the US. Government support will be crucial for this expansion.
India’s 12% levy may not be enough as others slap 25%, says JSW Steel CEO Acharya
JSW Steel's CEO, Jayant Acharya, points out India's relative disadvantage with a 12% safeguard duty on certain flat steel products, while other nations impose higher duties. He suggests the duty's effectiveness needs evaluation, especially with India being a net steel importer due to cheaper exports.
HP to rollout first PLI product in May, double India output
HP anticipates launching its first product under the PLI scheme next month, aiming to double its Indian production within a year. Despite tariff uncertainties, the company remains committed to its five-year production ramp-up plan, projecting that 13 percent of PCs sold in India will be locally manufactured by year-end, increasing to one in three by 2031.
India confident of achieving steel production target by 2030, official says
India is confident in reaching its goal of 300 million tons of steel production capacity by 2030, according to the Steel Secretary. To reduce import reliance and aid local industries, a temporary 12% tariff has been placed on specific steel imports, mainly from China. In fiscal year 2024-25, India's crude steel output was 151.1 million tons.
Hyundai Motor launches tariff task force, shifts some production to the US
Hyundai Motor is tackling US tariffs. The company has formed a task force. It will focus on minimizing the impact of tariffs. Some Tucson production moves from Mexico to the US. Hyundai considers shifting more production. The company aims to source more US parts. First-quarter operating profit rose by 2%. Annual earnings guidance remains unchanged.
Tata Consumers feel the burn as tea cost inflation in India hurts its profit margins
Tata Consumer Products witnessed a 59% surge in Q4FY25 consolidated net profit, reaching Rs 345 crore. Despite exceeding street estimates, profit was impacted by tea cost inflation in India and higher coffee costs in the US. Consolidated EBITDA declined 1% due to increased input costs, though revenue rose 17% to Rs 4,608 crore.
EV firm PURE introduces 5MWh grid storage product; lines up Rs 400 cr for capacity expansion
PURE has launched PuREPower Grid, a 5MWh battery storage product, to stabilize grids and integrate renewable energy. The company plans to invest ?400 crore to expand battery and power electronics production, increasing capacity to 2.5 GWh. This move aims to support India's renewable energy goals and facilitate EV fast charger adoption by eliminating infrastructure upgrade challenges.
Tata Consumer Q4 results: PAT jumps 59% YoY to Rs 345 cr; Rs 8.25/sh dividend declared
Tata Consumer Products announced a significant surge in its Q4FY25 performance, reporting a 59% increase in consolidated net profit, reaching Rs 345 crore. Revenue for the quarter also saw a substantial rise of 17% year-on-year, totaling Rs 4,608 crore. The board has proposed a dividend of Rs 8.25 per share for FY 2024-25, pending shareholder approval.
Dr Reddy's, Lupin recall products in US due to labelling, manufacturing errors: USFDA
Dr. Reddy's Laboratories and Lupin are recalling products in the US due to labeling and manufacturing issues. Dr. Reddy's is recalling an antiepileptic drug due to a labeling mix-up, where infusion bags were incorrectly labeled. Lupin Pharmaceuticals is recalling an antidepressant medication due to failed impurity specifications. The USFDA has classified Dr.
Catalogus secures pre-seed round of funding from Zeropearl VC
Catalogus aims to revolutionize e-commerce cataloging workflows by automating product listing processes for Indian and global brands.
3 stocks to benefit from provisional safeguard duty on 5 steel products: Parthiv Jhonsa
India imposed a 200-day safeguard duty of 12% on specific steel products to protect domestic manufacturers from potential dumping, following a recommendation from the DGTR. This move allows domestic mills to potentially increase prices, benefiting companies like JSW Steel, SAIL, and Tata Steel, with JSW Steel being a particularly promising option.
Load More
