Make In India

The latest policy idea of the central government is that if a foreign company invests $2 billion, it will be given residency permission so that the key employees of the company can stay in India as well as utilize cheap resources and special packages for upscale housing.  The main agenda ...

News: Defence ministry is expected to sign an agreement with US government to  assemble 145 BAE Systems M777 155mm/39mm calibre lightweight howitzers in India. The deal is estimated to be worth $700 million. The M777 gun is a lightweight howitzer which can be carried via a sling on the Chinook helicopters. ...

News: Government of India is leveraging the research potential of the Indian Institutes of Technology (IITs) to meet industry demands for innovative solutions for the “Make in India” initiative. It has created a corpus of Rs 250 crore annually with an aim of giving an impetus to the ‘Make In ...

3 city-based colleges have decided to adopt Matunga railway station here in a bid to covert it into a ‘world class station with the most modern facilities’. WeSchool Group Director Dr Uday Salunkhe said the aim of the project is to go beyond the basics and use thinking and intelligence ...

The government of India has set a target to increase the share of processed food in Indian food basket – 25% by 2025. The Vision 2015 of the Central Government aims to invest 1, 10,000 Cr in the food processing sector. In line with that Kerala government has setup ‘State ...

Andhra Pradesh is set to house India’s first national investment and manufacturing zone after the state assured the Centre of availability of 10 sq km of land in one place in Prakasham district. The NIMZ will comprise a special purpose vehicle and a developer, along with the state and the ...

Government has placed defence order of Rs 2 lakh crore under buy and Make in India category to boost local manufacturing sector. DIPP Joint Secretary Shubhra Singh said that among 25 sectors identified for Make in India campaign, defence and aerospace are being increasingly looked upon as one of the most promising ...

News:  Sony plans to assemble its Xperia smartphones in India and manufacture a couple of sub-. `10,000 models, specifically designed for the local market. Sony plans to increasing revenue by boosting mobile phone sales, with the country poised to become the world’s second largest smartphone market by 2017. Sony has globally ...

News: Government’s ‘Make in India‘ initiative seems to have giving good results as 24.8% of the smartphones shipped in the country during the June quarter were made locally compared with 19.9% in preceding quarter. According to the research firm CyberMedia Research, a total of 56.6 million handsets were shipped during the ...

News: Low-cost mobile device maker, Datawind will add two more manufacturing units in the country within next six months to meet its local requirements as the company has stopped importing finished products from China. “The new schemes and taxes now in place have made it beneficial for mobile devices companies ...