News: Honda plans to make India an export hub for auto components by enhancing supply from here to its various international operations. Honda which exported auto components worth Rs 722 crore in 2014-15, is looking for over 50 per cent increase by adding more countries such as the US, China ...
Read More »Made in India rifle to replace INSAS
News: The Excalibur is an improved version of the INSAS rifle and fires 5.56×45 mm ammunition. It has full-automatic capability over the INSAS. barrel is shorter by 4 mm, has a side folding butt stock and features a Picatinny rail, a universal mount that allows a range of weapon sights ...
Read More »‘Make in India’ reviving the indigenous fabrics
News: The ‘Make in India’ initiative is giving a new lease of life to some relatively-unknown varieties of indigenous fabrics. Fabrics like Ikkats and Uppada silk are being adopted and revived. Mumbai-based fashion designer Anita Dongre has made an initiative which takes craftsmanship to the cities from the rural areas so that unemployed ...
Read More »India leads regional foreign direct investment as inflows to South Asia rise by 16 per cent in 2014
News: Foreign direct investment (FDI) inflows to South Asia rose to $41 billion in 2014, primarily the inflows surged by 22 per cent to about $34 billion owing to good performance by India. The top five recipients in South Asia of FDI inflows were India, followed by Iran, Pakistan and Bangladesh ...
Read More »‘Make in India’ makes big splash in Chinese border town
News: Several shops, in the small town in the centre of Tibet, who import Indian handicrafts, spices and textiles, using ‘Made in India’ sign boards and traders are cashing on border trade through the Nathu La pass. The India-China trade through Nathu La, which is just 50 km from this ...
Read More »SoftBank, Foxconn mulls electronic manufacturing joint venture for India
News: Taiwan’s Foxconn will lead the new joint venture while SoftBank will support the former for the same, said Masayoshi Son, Chairman & CEO of SoftBank. Foxconn, the world’s largest contract electronics manufacturer and maker of the iconic iPhones and its Chairman Terry Gou said that the company was aiming to ...
Read More »Airbus to increase India sourcing to $2 billion in next five years
News: Airbus has begun sourcing components for almost all its jets from the country and aims to take its cumulative sourcing from there to $2 billion in the next five years. Airbus is making a large number of products either directly or through its supply partners, where collectively more than ...
Read More »LG to manufacture its smartphones in India, to invest Rs 1000 crore on R&D
News: LG is looking to start manufacturing of smartphones in India once it gets to a 10% market share, which it estimates could be achieved by December 2015 on the back of the just-launched G4 model. it is also planning to invest Rs 1,000 crore in 2015 on research and ...
Read More »Agriculture to be the next Make in India initiative for Goa
News: Goa Chamber of Commerce and Industry (GCCI) has declared that the state would do well to tap crop, post-harvest technologies and water management from a nation known for world class agri-technology. While former chief minister Manohar Parrikar’s has made a Make in India contract to a central government-operated shipyard ...
Read More »Make India Your Home: PM Modi to Cisco Head John Chambers
News: US technology giant Cisco today met Prime Minister Narendra Modi and Telecom Minister Ravi Shankar Prasad to discuss the company’s manufacturing and business commitment for India under ‘Digital India’ programme. Cisco Systems Chairman and CEO John T Chambers said that they will invest big, about $1.74 billion, in the country ...
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