💹 Economy & Policy
• Open-end spinning mills in Tamil Nadu cut production by 50%, citing weak export demand and margin pressure in the textile sector 💹
This signals continued stress in labour-intensive manufacturing clusters.
• India’s electronics production has risen 6-fold and exports 8-fold since 2014, said IT Minister Ashwini Vaishnaw 📈
PLI-led scale-up and global supply-chain shifts remain key drivers.
• India’s Russian oil imports fell 18% during Jan–Oct 2025, while U.S. crude imports surged 83%, reflecting diversification under geopolitical pressure 🏦
🏦 Companies
• Bank credit to shipbuilding doubled, reaching ₹9,959 crore (+28% YoY), supported by port reforms and domestic capacity expansion 💰
Lenders are increasingly backing India’s maritime manufacturing push.
• Sun Pharma highlighted obesity treatment drugs as a new long-term growth engine for the pharmaceutical industry 📈
Rising lifestyle disease prevalence is reshaping pharma pipelines and R&D focus.
🌏 Global & World
• Global manufacturing sentiment remains uneven, with textiles under pressure while electronics and energy realignment gain momentum 🌏
Investors continue to track supply-chain shifts and policy-led industrial growth.