industrial growth Archives - Universal Group Of Institutions
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04Jun 2024

“INDIA’S MANUFACTURING GROWTH EASES IN MAY, GLOBAL SALES SURGE”

Why in the news? India’s manufacturing sector growth eased in May for the second consecutive month but remained in expansion mode, with the HSBC India Manufacturing PMI falling from 58.8 in April to 57.5, signaling a slower but substantial improvement. Global sales surged to the strongest level in over 13 years, indicating robust demand, despite …

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23May 2024

“INDIA’S CRITICAL MINERALS BENEFITS DELAYED; AUCTIONS BEGIN AMID IMPORT RELIANCE”

Why in the news? India’s critical minerals drive may not yield full commercial benefits before 2031, exposing the country to supply shocks for essential minerals like lithium and cobalt. The government has started auctioning 38 blocks of critical minerals despite current reliance on imports. Source: ResearchGate About Critical Minerals: Elements essential to the functioning of …

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19Apr 2024

MINERAL AND ENERGY RESOURCES

Introduction Minerals are naturally occurring substances found on and beneath the Earth’s surface. They can exist in various forms, solid and liquid, and are distributed across different geological layers: the crust, mantle, and core. The process of mineral formation often begins with lava; as it cools, it crystallizes into diverse types of minerals. These minerals …

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19Apr 2024

MANUFACTURING INDUSTRIES

Introduction Industries play a pivotal role in the modern economy, serving as a cornerstone for economic development, employment, and the production of goods and services. They are integral to the economic structure, contributing significantly to the Gross Domestic Product (GDP), national income, and investment. The interdependence between agriculture and industry highlights the symbiotic relationship that …

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09Apr 2024

MARCHING AHEAD WITH TECHNOLOGY ABSORPTION

Syllabus: GS-III: Achievements of Indians in Science & Technology; Indigenization of Technology and Developing New Technology. Awareness in the fields of IT, Space, Computers, Robotics, Nano-technology, Bio-technology and issues relating to Intellectual Property Rights. Why in the news? Indian Army’s ‘Year of Technology Absorption’ aims at embracing disruptive tech like AI, drones, highlighting strategic importance. …

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