The government will zero in by the end of current fiscal a fighter jet it wants to build under 'Make in India' initiative, Defence Minister Manohar Parrikar said.
Has Make in India's mascot, the metal lion, begun to rust?
Raise a toast to good health with wine. But this time let's go for the Indian ones.
The manufacturing sector now contributes about 16-17 per cent to the GDP
Percy Mistry says things at market regulator Sebi are also in bad shape.
The marshals will be provided specialised axes to snip wires and break glasses.
'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.'
Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part
India must concentrate on manufacturing-led growth.
Modi's Make in India will work only if the cost of borrowing comes down.
American media has taken a critical view of his accomplishments, saying his flagship 'Make in India' drive is "so far mostly hype."
Indian Prime Minister Narendra Modi who envisioned Make In India last September was at his eloquent best as he made a fervent plea to global businesses to come Make In India.
Taking a swipe at Prime Minister Narendra Modi over his 'Make in India' campaign, Rahul Gandhi on Wednesday said the Rs 10 lakh suit he wore during US President Barack Obama's visit was "Make in UK".
India is affected by a 'resource inefficiency curse'.
Without reforms to boost returns for multinational capital, Narendra Modi's 'Make in India' campaign will face testing times.
Taiwanese electronic contract manufacturer Foxconn on Monday said it has decided to pull out of semiconductor joint venture with Indian conglomerate Vedanta, according to a statement. Foxconn said it is "working to remove the Foxconn name from what now is a fully-owned entity of Vedanta". "Foxconn has no connection to the entity and efforts to keep its original name will cause confusion for future stakeholders," Hon Hai Technology group (Foxconn) said.
The move will make it the first global automobile major to design a vehicle here
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.
The initiative is one of the several steps which the government has announced in order to improve ease of doing business in India and attract investments to boost manufacturing in the country
Defence Minister Manohar Parrikar says global aircraft makers will have to get approval from their own governments to transfer technology and build jets in India.
Although the idea is to focus on all states to turn India into a global manufacturing hub, the department of industrial policy and promotion, the nodal agency to carry out the campaign, has selected a handful of states that have a sound industrial backbone such as Maharashtra, Tamil Nadu, Karnataka, Gujarat, Andhra Pradesh, Telangana and others.
GE Healthcare has already filed five global patents for its design.
Irked by India's status as the world's biggest arms importer, Modi wants to build an advanced defence industry
Prime Minister Narendra Modi will visit Abu Dhabi on July 15.
They said the decision to retract the RFP was taken after the DRDO expressed confidence of producing the ATGMs.
Their favourite alternatives: Malaysia, Vietnam and the Philippines. Note, India is missing from that list. And this is despite an attractive financial incentive scheme for OSAT players. The reason, said a senior executive of a US chip company who had a meeting in Taiwan just a few weeks ago, is that "they want more predictability in government policy because they plan to put in big money."
NITI Aayog wants the prime minister's flagship initiative should focus on labour-intensive sectors and policies that impede their growth to get special attention.
The judiciary has sent a strong message against crony capitalism.
American online major Amazon seems to be almost doubling its India investment going by the company's recent announcement during Prime Minister Narendra Modi's state visit to the US. From the time the Seattle-headquartered company started its India journey in 2013, its investment into the country is pegged at $11 billion or roughly $1.1 billion a year. By committing a fresh round of $15 billion by 2030, the Jeff Bezos-founded company's investment would go up to more than $2 billion a year over the next seven years.
"I invite each one of you to become a partner in India's growth story. And once again assure you of our wholehearted support."
A massive fire broke out on stage at an event for the Make in India week that's being held in Mumbai.
Rather than focussing on manufacturing, Indian companies need to concentrate on conceiving, designing and branding products.
Lenovo Group Ltd said on Tuesday it was establishing a smartphone assembly unit in India.
Several exemptions have been given to reduce the cost of raw materials.
It has been clear for a while that India needs manufacturing - and it may be true that global manufacturing needs India as well. Time to strike while the iron is hot, say Rajat Dhawan, Anu Madgavkar and Sree Ramaswamy.
No longer a discretion of the tax administrator, the audit of returns filed by taxpayers is now based on a selection by algorithms, notes Tarun Bajaj.
Wrapping up his four-day state visit to the US, Prime Minister Narendra Modi on Friday asserted that a new and proud journey of India-US ties has begun and the world is watching the two great democracies strengthening their bond.
'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.'
Microsoft chairman and CEO Satya Nadella on Wednesday highlighted the importance of driving inclusivity and empowerment through technology and economic growth and asserted that the company is "very committed to India". He was speaking at Microsoft's Tech for Good and Education showcase, an event that highlighted the impact created by technology in the areas of philanthropic work and education. Nadella did a walk through, interacting with teachers, students and professionals who are making a difference in the society, by leveraging various Microsoft programs, initiatives and tools.
The Supreme Court had last week stayed a Bombay high court order and allowed Maharashtra government to hold the event at the Chowpatty.
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