India’s industrial output growth remains unchanged at 4% in September

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Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period The Index of Industrial Production (IIP) growth stood at 4 per cent in September, unchanged from August, supported by growth in the manufacturing sector, according to data released…

Trump’s auto tariffs: Nearly 16% of India’s car, component exports headed to the US in 2023

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Donald Trump’s latest tariff announcement will likely hit Indian auto component makers harder that the car manufacturers US President Donald Trump’s tariffs on cars, auto components and light commercial vehicles (LCVs) are unlikely to impact India as much as markets like Mexico, Canada, South Korea and the European Union, as the country’s dependency on the…