Tag Archives: Make in India

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 ...

India is poised to overtake the U.S. as the second largest market in the next few years. Shipments to India grew 44 per cent to 26.5 million units in April-June, as per research firm IDC. Chinese handset company OnePlus said it has partnered Foxconn to commence local assembly operations in ...

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 ...

India is surrounded by two military powerful countries Pakistan and China, and building a strong defense force is imperative for the country. India is counted as one of the super-powers in Asia region. It has second largest standing army in the world and possesses a potential to become a formidable ...

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: Talking about the new developments in bilateral military ties, the American Ambassador, Richard Verma, noted that India faces a critical shortage of front-line fighter aircraft for keeping India’s air space safe. He also said that the two countries had taken joint action against a “high-profile hacking group” operating in ...

News: The Cochin Shipyard is building fast patrol vessels and indigenous aircraft carriers worth Rs 4,357 crore for the Defence. The orders to the Cochin Shipyard include a contract worth Rs 2,848 crore for building indigenous aircraft carriers (IAC) for the Indian Navy, Radhakrishnan said. He said 14 FPVs have ...

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 ...

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 ...

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 ...