India’s industrial activity gathered strong momentum in November 2025, with the Index of Industrial Production (IIP) registering a year-on-year growth of 6.7 percent, according to official data released by the Ministry of Statistics and Programme Implementation (MoSPI). The growth marks a sharp acceleration from the marginal 0.4 percent expansion recorded…
Tag: #IndustrialGrowth
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₹7,280 Cr Plan Powers Rare Earth Magnet Industry
In a decisive push towards technological self-reliance, the Government of India has approved a ₹7,280 crore scheme to establish a domestic manufacturing ecosystem for Sintered Rare Earth Permanent Magnets (REPM). The initiative aims to create an integrated production capacity of 6,000 metric tonnes per annum, significantly reducing India’s dependence on…
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₹69,725 Cr Shipbuilding Package to Create 22 Lakh Jobs
The Union Government has approved a comprehensive ₹69,725 crore Shipbuilding and Ship Recycling Package aimed at transforming India into a globally competitive maritime manufacturing hub. The package adopts a four-pillar strategy focusing on domestic capacity expansion, maritime financing, shipyard development, skilling, and systemic reforms. The announcement was made by Union…
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DPIIT Unveils Digital Sponsorship Module for e-B4 Visa
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has launched an online digital module allowing Indian companies to generate sponsorship letters for foreign professionals under the e-Production Investment Business Visa (e-B4 Visa). The initiative, launched on 29th November 2025, is part…
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Sonowal Reviews Namrup Fertiliser Project Ahead of PM Visit
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Sunday visited the Namrup fertiliser complex in Assam’s Dibrugarh district to review preparations for Prime Minister Narendra Modi’s scheduled visit on December 21. The Prime Minister will lay the foundation stone for the long-awaited fourth fertiliser plant at Namrup, a…
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India Strengthens Global Indices Tracking and Methodologies
The Government of India is strengthening its statistical methodologies and global indices tracking to better monitor economic, governance, and industrial performance. The Ministry of Statistics and Programme Implementation compiles key indicators such as Gross Domestic Product (GDP), monthly Consumer Price Index (CPI), and Index of Industrial Production (IIP) following internationally…
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India IIP Growth Slows to 0.4% in October 2025
India’s Industrial Growth Moderates in October The Quick Estimate of India’s Index of Industrial Production (IIP) for October 2025 reveals a modest growth of 0.4%, down from 4.0% in September. This slowdown is largely attributed to fewer working days during key festivals including Dussehra, Diwali, and Chhath. Sector-Wise Performance The…
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NPG Reviews Key Rail Projects under PM GatiShakti Plan
The 103rd meeting of the Network Planning Group (NPG) was held today to evaluate major infrastructure projects under the PM GatiShakti National Master Plan (PMGS NMP). The meeting focused on improving multimodal connectivity, logistics efficiency, and the socio-economic impact of strategic rail corridors. Railway Projects Evaluated During the session, NPG…
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J&K to Launch First Limestone Block Auction on Nov 24
The Union Territory of Jammu & Kashmir is set to mark a major milestone in its industrial growth as it prepares to launch the first-ever auction of limestone mineral blocks on November 24, 2025. The roadshow and formal launch event will take place in Jammu, led by Union Minister of…
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MOIL Records Highest October Manganese Ore Output Ever
MOIL, India’s leading manganese ore producer, achieved its highest-ever October production since inception, recording 1.60 lakh tonnes in October 2025. This represents a 9.1% increase compared to the corresponding period last year (CPLY), reflecting the company’s ongoing operational efficiency and strategic growth initiatives. During the first seven months of FY’26,…