Page 2 - Factory Activity

Chinese factory activity sinks in July, weighing on weak economy: Survey

Chinese manufacturing's recovery from anti-virus shutdowns faltered in July as activity sank, a survey showed on Sunday

China's factories perk up, but weak consumption show slow economic recovery

China's economy showed signs of recovery in May after slumping in the prior month as industrial production rose unexpectedly, but consumption was still weak

Asia's factory activity slows in May as China's Covid curbs weigh

Manufacturers slowed activity last month in countries ranging from Japan to Taiwan and Malaysia, business surveys showed

PMI manufacturing rises to 54.7 in April on robust demand, factory orders

International demand also jumped robustly to a 9-month high after contracting in March and domestic demand was above average.

Heat wave disrupts industrial activity as power demand soars in India

Extreme heat continued to scorch large swathes of south Asia this week, offering no reprieve after the hottest March on record in India

Six people killed in fire at Andhra chemical plant, dozen injured

Six persons died in a fire accident in a chemical factory located in Akkireddygudem in the district and 12 others sustained burns, police said on Thursday.

Britannia Industries aims to have 50% women in factory workforce by 2024

FMCG major Britannia Industries Limited (BIL) has said it aims to achieve a diversity ratio of 50 per cent by 2024 by increasing the participation of women in its factory workforce. BIL Chief Marketing Officer (CMO) Amit Doshi said that at present 38 per cent of the company's factory workforce is women. "We aim to achieve a diversity ratio of 50 per cent by 2024 from the current national average of 38 per cent across our factories," he said. At Britannia's Guwahati factory, the proportion of women in the workforce is 60 per cent and it will be increased to 65 per cent, he said. "We are proud to have a women workforce in areas typically dominated by men like engineering, taping and grinding as well as packing, housekeeping, pantry, lab testing, canteen and security," he said. For empowering women, the company has already launched a start-up challenge among woman entrepreneurs, Doshi said. So far, the company has provided seed capital of Rs 10 lakh each to 30 woman entrepreneurs fo

Asia's factory activity grows in Dec as firms take Omicron risks in stride

For now, the direct hit from Omicron on output appeared subdued, according to surveys released on Monday and Tuesday.

Japan's manufacturing activity growth softens in December: Report

The final au Jibun Bank Japan Manufacturing Purchasing Managers' Index (PMI) in December fell to 54.3 on a seasonally adjusted basis, easing from the previous month's 54.5

China's Dec factory activity returns to growth, beats forecasts: Report

The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 50.9 in December - its highest level since June

S Korea factory activity quickens but output, export orders shrink: PMI

Activity in South Korea's factories expanded at the fastest pace in three months in December but the economy struggled to gather momentum

Chinese factory activity edges higher in Dec as supply disruptions ease

Chinese factory activity edged higher in December as supply disruptions eased and export demand weakened, a survey showed Friday. The monthly purchasing managers' index issued by the national statistics agency and an industry group gained to 50.3 from November's 50.1 on a 100-point scale on which numbers above 50 show activity accelerating. Chinese manufacturing has been hampered by shortages of some components including semiconductors and disruptions in shipping. Some areas ordered factories to shut down temporarily starting in September to meet official energy efficiency targets. A measure of new orders improved to 49.7 from November's 49.4, according to the China Federation of Logistics & Purchasing and the National Bureau of Statistics, though demand still was weak. An index of export orders sank to 48.1 from 48.5. The overall recovery of China's economy is clearer, economist Zhang Liqun said in a statement issued by the federation. However, he said, the country needs to ...

China Nov factory activity unexpectedly grows as supply snags ease

The official manufacturing PMI was at 50.1 in November, up from 49.2 in October

Demand for fuel and power grows but at a slower pace in September

Sale of gasoil, which accounts for about two-fifths of India's refined fuel demand, by state retailers rose 0.79 per cent in September, preliminary government data showed

Manufacturing activity grows in September on strengthening demand: PMI

The IHS Markit PMI for manufacturing rose to 53.7 in September from 52.3 recorded in August, highlighting a stronger expansion in overall business conditions

Factory activity improves in Sept but firms shed headcount: PMI survey

The recovery might continue for at least a few months, supported by ultra-easy monetary policy and continued fiscal spending

China power cuts bite: Factory output shrinks after 18 months

Goldman slashes its Q3 growth forecast to 0%, from 1.3% earlier

Indian factory growth slipped in August, job cutting returned: Survey

Indian factory activity expanded at a slower pace last month as persistent pandemic-related weakness weighed on demand and output, forcing firms to cut jobs again, a private survey showed

China's factory activity expands at slower pace in August, services shrink

China's factory activity expanded at a slower pace in August, while the services sector slumped into contraction, as covid-related restrictions and high raw material prices pressure businesses

India PMI manufacturing up at three-month high in July as lockdowns ease

Jumps to 3-month high after June contraction; marginal rise in jobs