Ajit Balakrishnan on learning from past technology revolutions.
The Indian automobiles and auto components industry is likely to create additional employment for 25 million people by 2016, said experts at an auto industry conference in in Ahmedabad.
This is the second straight month of decline in wholesale price based inflation.
A figure above 50 indicates that the sector is expanding, while a figure below that level means contraction.
A more effective promotion of domestic manufacturing and mining could significantly reduce the trade deficit in key sectors, says T N Ninan.
According to the decision, such entities can now first operate through e-commerce and then open brick-and-mortar stores.
'India is in a slowdown which most of us have not seen in our living memory.'
Industrial output had slowed to 5-month low of 2.1% in March.
To boost Make in India in defence production, Finance Minister Nirmala Sitharaman on Saturday said foreign direct investment limit in defence manufacturing will be hiked to 74 per cent from 49 per cent while some weapons and platforms will be banned for imports.
The growth in eight infrastructure industries slowed to 2.3 per cent in May mainly due to contraction in crude oil, natural gas, coal and fertilizer output.
Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing.
Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.
Improved performance of manufacturing, services and trade sectors helped boost GDP
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
With all-round upturn in economic cycle except in agriculture, Economic think tank NCAER has forecast India's GDP growth rate at 6.5 to 6.7 per cent for this fiscal.
A comprehensive solution involves a complete overhaul of our education and training model.
With a massive 108 megapixel camera and bezel-less wrap around display, Xiaomi's Mi Mix Alpha comes in a protective glass body that may tempt you to own it. But is it worth the price?
