Idea is to bring stakeholders together and explore ways to increase export of services from India.
In a major development, India is planning to buy 26 Rafale fighter aircraft and three Scorpene class conventional submarines from France.
The Supreme Court had last week stayed a Bombay high court order and allowed Maharashtra government to hold the event at the Chowpatty.
The government proposes to reduce the time taken to register a business from 27 days to one day.
'99 per cent of Indians who go to the US for their advanced studies they stay back there, which is a huge loss for India.
Starting as a maker of hydraulic pumps, the Bengaluru-based company graduated to components for automakers like BMW and Audi, and then Airbus and Boeing
Union minister Smriti Irani reacted furiously to the Congress leader's barb at the prime minister over the Rafale purchase and the tense situation in Manipur.
Make in India has few advantages and some disadvatnages too.
Container Corporation of India (Concor) has been the worst performer among major logistics & port stocks registering returns of about 4 per cent over the past three months as compared to 10-12 per cent for peers Gateway Distriparks and Adani Ports and SEZ. Uncertain outlook on the export-import (EXIM) trade front, market share loss, lack of progress on divestment, and weak June quarter results weighed on the stock. Volume and margin movement will be key triggers for the stock going ahead. As was the case in the previous quarter, margin performance was muted even in the June quarter. Operating profit in the quarter was down 17 per cent at Rs 391 crore missing estimates by over 15 per cent. Operating profit margins at 20.4 per cent, too, were down sharply by 350 basis points over the year-ago quarter.
LCD displays could be produced in India in the near future.
'Localisation saves a lot of time and cost for them. Keeping an eye on a long-term market, this is the best way these car-makers can build momentum for their brands.'
The five-day event will include aerial displays by aircraft and helicopters along with a large exhibition and trade fair of aerospace and defence companies.
The queries can now be addressed to and their responses accessed from the makeinindia.com website that was unveiled along with the campaign aimed at making India a manufacturing hub by Modi at a mega event in New Delhi on Thursday.
The Prime Minister will be releasing separate brochures for these sectors along with a general brochure.
Swedish defence major Saab has offered to manufacture its fifth generation Gripen fighter aircraft in New Delhi with technology transfer to India.
Singh and Shoigu held extensive talks, covering the regional security situation and key aspects of bilateral defence relations, including industrial partnership, at a meeting on the sidelines of a conclave of the Shanghai Cooperation Organisation (SCO) in New Delhi.
Public-sector enterprise stocks have seen a good run thus far in 2023-24 (FY24), with the S&P BSE PSU Index surging by over 26 per cent during the period, compared to an 11 per cent increase in the benchmark S&P BSE Sensex.
There will be three-tiered security arrangements in view of PM's visit.
There was no word on the much-anticipated procurement of 26 naval variants of Rafale fighter jets by India from France.
With EU, it is part of the FTA that we will need to negotiate.
FMCG import bill is bloated, Modi must do something to bring it down.
Economists expect Modi to announce big-bang reforms.
It started out as a Production Linked Incentive (PLI) scheme to make India an export hub. But after many a twist and turns, the latest 2.0 PLI for IT hardware, for which the 40 eligible candidates have applied till its deadline, is now focused on 'import substitution'. The scheme will help in reducing India's over-dependence on imports (80 per cent of laptops are imported), especially from China which include laptops, tablets and servers.
The 'Make in India' concept in the defence sector has the potential to help India meet 70 per cent of its defence needs in a few years.
OnePlus announces plans to make in India
NITI Aayog has not said what the reasons were for having achieved or not having achieved what was sought to be achieved, or what lessons can be learned for the future, points out Aakar Patel.
Prime Minister Narendra Modi promised a conducive environment for manufacturers, including a discrimination-free tax system
In part four of a series, Arbind Modi & Arvind Subramanian explain how scrapping the exemptions for the countervailing duty will eliminate the negative protection facing Indian manufacturers
August 23, the day the Chandrayaan-3 lander touched down on the lunar surface, would be celebrated as 'National Space Day'.
The government has cleared the lone bid of Airbus-TATA consortium for replacing Indian Air Force's fleet of ageing Avro transport aircraft for Rs 11,930 crore besides approving Russia's offer to build Kamov Ka-226T helicopters under 'Make in India' initiative.
'The government expects demand for electronic products to reach $400 billion by 2023-24. This would be a huge foreign exchange outflow, which may further widen our trade deficit with other nations. Hence, the government plans to push local electronics manufacturing to cut down on their import bill.'
When you say, Make in India, it means, Indians will work for you, but we should create our own brands and create a market for them internationally. Only then, money will come back to India.
Speaking at a joint press event with Macron, Modi, who is in Paris on a two-day official visit, said a roadmap to strengthen India-France strategic ties over the next 25 years was being prepared with bold and ambitious goals on the anvil.
Along with the US and China, India could be a big enough force in global manufacturing
The negotiations on cost and techno-commercial details relating to India's proposed procurement of 26 Rafale-M fighter jets and three Scorpene submarines from France are not yet concluded, sources said on Tuesday.
The key platforms that India has been exporting are Dornier-228 aircraft, 155 mm Advanced Towed Artillery Guns (ATAGs), Brahmos missiles, Akash missile system, radars, mine protected vehicles, armoured vehicles, Pinaka rockets and launchers, ammunition, thermal imagers and various components of avionics and small arms.
India Inc is seeking at least quarterly interactions with senior government representatives to establish a channel of communication and help change the opinion at the highest level.
The loss-making airline has already started using food items stocked from India during its onward journey to Stockholm, Copenhagen, Birmingham and Madrid, and use them when returning. It has said food items purchased from these foreign cities are much more expensive when compared to Indian cities.
'We aim at establishing India as an early talent hub on a global scale and are actively recruiting professionals in areas like cybersecurity, machine learning, data science, and other relevant fields.'
In India, manufacturing has failed to take off.
