Manufacturing

China's industrial profits rose 14.4% year on year in September 2026, up from 4.2% in August, official data released on October 27 showed, led by electronics and commodities.

Germany's Ifo business climate index rose to 90.2 in October 2026 from 89.9, the Ifo Institute said on October 26, led by manufacturers' brighter expectations.

India's HSBC flash composite PMI rose to 56.7 in October 2026 from 55.9, a four-month high led by services, while hiring slowed to its weakest pace this year.

Madhya Pradesh got about Rs 5,800 crore of chip and electronics proposals at its Indore summit from 23 October 2026 and gave land LoIs worth Rs 9,625 crore.

Arda, co-founded by ex-OpenAI research chief Bob McGrew, raised $230 million at a $1.5 billion valuation on October 20, 2026 for AI that reprograms factory lines.

Fynd launched Fynd Forge, an AI-enabled factory floor system, on October 21, 2026, first deployed at NeoLync's electronics plant in Tirupati.

Musk's Terafab chip project in Texas has Intel as its only named partner; TSMC confirmed talks on October 15, 2026, but says it must run any fab.

TCS launched its Industrial Intelligence Foundry on October 15, 2026, an AI offering for manufacturers that it says can cut new-product timelines 25% and lift productivity 20-25%.

Maharashtra CM Devendra Fadnavis opened Hyundai's Talegaon plant near Pune on 14 October 2026; Hyundai will invest up to Rs 11,000 crore and lift capacity to 3.2 lakh cars.

Adani Enterprises and US firm Jabil signed a non-binding MoU on 13 October 2026 for a 50:50 venture to build AI racks, servers and cooling gear in India.

L&T Technology Services opened an Engineering Intelligence Lab in Bengaluru on October 12, 2026 to demonstrate AI-run factories and digital twins built on NVIDIA tools.

Zetwerk's IPO, with a Rs 2,600 crore fresh issue, is set to open October 15, 2026; the price band is due October 12 at a reported Rs 27,000 crore value.