Govt.-industry panel drives policy to revive manufacturing

What is the News? The meeting between the Minister for Commerce and the private Industry soon after the national lockdown was announced in 2020 has led to the setting up of the SCALE Committee. What is the SCALE Committee? SCALE Committee stands for Steering Committee for Local Value Addition, Manufacturing and Exports(SCALE) It is a… Continue reading Govt.-industry panel drives policy to revive manufacturing

India pips US to rank second in list of most attractive manufacturing hub globally; China first

Source: Indian Express What is the News? The Global Manufacturing Risk Index 2021 has been released. About Global Manufacturing Risk Index: Released by: US-based property consultant Cushman & Wakefield Purpose: To assess and rank the most advantageous locations for global manufacturing among 47 countries in Europe, the Americas and Asia-Pacific (APAC). Parameters: The ranking is… Continue reading India pips US to rank second in list of most attractive manufacturing hub globally; China first

Explained:Manufacturing Sector

News:Experts have suggested that India’s unemployment crisis can only be solved by boosting the manufacturing sector. Facts: About Manufacturing Sector: Manufacturing Industry in India has gone through various phases of development over a period of time.  Since independence in 1947, the domestic manufacturing sector has traveled from building the industrial foundation in 1950’s and early… Continue reading Explained:Manufacturing Sector