News: Sony Corp has entered into an agreement to manufacture its Bravia line of televisions at Taiwanese contract manufacturer major Foxconn’s plant near Chennai. It is also evaluating the possibility of making smartphones in the country and may eventually set up its own plant in India. The government’s ‘Make in ...
Read More »‘Make in India’ will catapult India to become the 3rd largest economy in 5 to 6 years
News: Bharat Forge Chairman and Managing Director Babasaheb Kalyani, said India will make us third-largest economy after China. “Through the ‘Make-in-India’ campaign, our Prime Minister has envisaged to take the contribution of manufacturing sector in the GDP to 25 per cent in the next 10 to 15 years, which will ...
Read More »Motorola mulls manufacturing facility in India
News: Manufacturing in India now is cheaper by 11 per cent compared to imports, considering incentives for local manufacturing offered by the government. While Japan’s Sony and China’s Xiaomi are evaluating options to source from India, Foxconn is in the process of setting up factories in the country. “India is ...
Read More »India to manufacture shipping container under “Make in India” campaign
News: India wants to manufacture shipping containers instead of relying on imports as part of a plan aimed at promoting the ‘Make in India’ campaign. India will appoint consultants to conduct a study into the capacity available within the country to take up container manufacturing. It will also approach foreign ...
Read More »Make in India: India, Russia to jointly build 200 military choppers
News: Russian Helicopters deal has effectively killed any other light helicopter project for the armed forces, including a process that was initiated for an Indian-led JV to manufacture a new range of choppers. 200 helicopters will be manufactured in the country with the transfer of technology, and licence production, with Russian ...
Read More »Huawei to set up a unit in Tamil Nadu
News: Huawei elecommunications (India) Pvt Ltd for setting up a unit for electronics/telecom hardware and support services including trading and logistics activities at SIPCOT Special Economic Zone, Sriperumbudur in Tamil Nadu. This could now help Huawei to manufacture telecom gear for the first time for the Indian market point which was ...
Read More »Boeing and Tata announce strategic aerospace partnership to Make in India
News: US-based Boeing Co. and Tata Adavanced Systems Ltd (TASL) on Wednesday agreed to jointly develop products and platforms in aerospace and defence manufacturing and access new markets together. TASL is already on contract to manufacture aerostructures for Boeing’s CH-47 Chinook and AH-6i helicopters. “This agreement gives us an opportunity ...
Read More »Make in India boosts FDI up by 48% in last seven months
News: Foreign Direct Investment into the country has seen a 48 per cent growth in the seven-month period from the launch of ‘Make in India’ initiative in September till April 2015. The FDI inflow under the approval route saw a growth of 87 per cent during 2014-15 with inflow of ...
Read More »Use only ‘made in India’ chips: Govt plans to boost through defence, space sectors
News: India is considering a proposal to make it mandatory for the strategic sectors of Defence, Space and Atomic Energy to use ‘Made in India’ chips. Government feels that ‘Made in India’ chips and electronics are necessary given that the imported products can be rigged and bugged. UPA government had cleared ...
Read More »Make in India plan to get a big push with the 10 IPR steps
News: Department of Industrial Policy has come up with a multi-pronged strategy to develop innovation and creativity. The government, for a more refined and developed intellectual property regime in order to boost its ‘Make in India’ campaign, has announced a slew of measures to promote homegrown talent. The measures are listed below: ...
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