India clocks highest industrial growth in two years on robust manufacturing| Business News

India’s industrial growth in November was the fastest in two years, on the back of strong manufacturing and mining activity. India’s industrial output in April-November grew 3.3% as compared to a revised increase of 4.1% a year earlier, according to government data. (Mint Archives) The index of industrial production (IIP)—which measures factory output in the […]

Nvidia says working with Foxconn to introduce AI in manufacturing lines| Business News

Nvidia Corp. is working with Hon Hai Precision Industry Co. (Foxconn) to bring AI to the factory floor and manufacturing, CEO Jensen Huang’s son Spencer Huang said on Friday. Spencer works as a product line manager at Nvidia’s leading robotics product. Signage at the Foxconn Technology Co. battery cell plant in Kaohsiung, Taiwan (Bloomberg) Earlier, […]

L&T weighs doing a Tata with plans to enter electronics manufacturing in India| Business News

Larsen & Toubro Ltd. (L&T) is weighing the Tata playbook to explore an entry into electronics manufacturing in India, as the country’s largest engineering firm eyes diversification — from mega projects to small components. Larsen & Toubro Chairman S.N. Subrahmanyan. L&T is likely to focus on making components for devices and not the device itself—at […]

Net profit up 4.7%, revenue up 4.8% on BFSI, manufacturing boost| Business News

Tech Mahindra Ltd. delivered on its key financials in the fiscal second quarter, aided by strength in its banking and manufacturing verticals, even as impact of US tariffs loomed. Tech Mahindra has announced an interim dividend of ₹15/share. (Reuters) Consolidated revenue of the Mahindra Group company rose 4.8% over the previous three months to ₹13,995 […]