India has recently approved a $10bn comprehensive program for the development of sustainable semiconductor and display ecosystem in the country. Against this backdrop, India’s manufacturing GDP is forecast to grow at an average annual rate (AAGR) of 9%, in nominal terms, over 2022-26, forecasts GlobalData, a leading data and analytics company.
The preliminary World Robotics data for China released by the International Federation of Robotics (IFR) shows a sales increase of industrial robots by 19% in 2020.
The Conference Board Leading Economic Index® for India increased 0.2 percent in March to 101.8 (2010=100).
The Conference Board Leading Economic Index® (LEI) for Korea increased 0.5 percent in October to 110.1 (2010 = 100), following a 1.3 percent increase in September, and a 1.0 percent decline in August.
Growth in New Orders and Production Continues to Ease
The Conference Board Leading Economic Index® (LEI) for Australia declined 0.1 percent in September to 103.5 (2010 = 100), following a 0.4 percent decline in August, and a 0.4 percent increase in July.
The Conference Board Leading Economic Index® (LEI) for India decreased 0.5 percent in September to 102.5 (2010 = 100), following a 0.5 percent decline in August and a 1.7 percent increase in July. Positive contributors to the index were the interest rate spread, M3: bank credit to commercial sector, and cargo handled*. The SENSEX stock prices index, the real effective exchange rate (36 countries), merchandise exports, and PMI: services business activity declined, while industrial production: capital goods* remained unchanged.
The Conference Board Leading Economic Index® (LEI) for Australia declined 0.4 percent in August to 103.4 (2010 = 100), following a 0.3 percent increase in July, and a 0.3 percent decline in June.
The Conference Board Leading Economic Index® (LEI) for Korea declined 1.2 percent in August to 107.9 (2010 = 100), following a 0.3 percent decline in July, and a 0.2 percent decline in June.
Collaboration, Innovation and Digital Transformation will provide the impetus for Singapore's future growth. According to Frost & Sullivan, the key factors that will continue to be relevant include talent management, sustainable innovation and investment in the right infrastructure.
Expanding organized retail sector coupled with growing need for efficient warehousing & logistics to drive India barcode scanners & printers market
The Conference Board Leading Economic Index® (LEI) for Australia increased 0.3 percent in July to 103.7 (2010 = 100), following a 0.3 percent decline in June, and a 0.2 percent decline in May.
The Conference Board Leading Economic Index® (LEI) for India decreased 0.7 percent in August to 102.8 (2010 = 100), following a 1.7 percent increase in July and a 0.1 percent decline in June. Positive contributors to the index were PMI: services business activity, cargo handled*, and the interest rate spread. On the other hand, merchandise exports, the real effective exchange rate, industrial production: capital goods*, the SENSEX stock prices index, and M3: bank credit to commercial sector declined in August.
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