MAKE IN INDIA

Karman Drones has entered into a five-year strategic partnership with defence PSU Troop Comforts Ltd (TCL) to co-develop and manufacture unmanned aerial vehicles and systems. The collaboration aims to design advanced UAS and UAV solutions for Indian...

Japanese firms are eager to establish semiconductor units in India, bringing expertise and specialization. India aims to have 10 semiconductor plants in 10 years. Successful partnerships between Indian and Japanese firms, along with government suppo...

India's 'Make in India' initiative for defence manufacturing has encountered challenges despite reforms. For better results, foreign defence OEMs need to be allowed 100% control in subsidiaries. Recently, approval was granted for a foreign OEM's 100...

Authorized by IN-SPACe, ATL will develop a Ka-band high-throughput satellite for sectors like education and healthcare, leveraging ISRO’s expertise. This initiative advances India’s digital infrastructure and private sector participation in satellit...

Congress MP Jairam Ramesh criticized the Central government for its inability to enhance private investment in manufacturing. The recent GDP growth figures for July-September 2024 indicate a slowdown to 5.4%. He highlighted the decline in manufactur...

Cochin Shipyard share price: Cochin Shipyard shares surged 5% to Rs 1655.75 after the company secured a Rs 1,000 crore contract with the Ministry of Defence for refitting and dry docking a large Indian Naval Vessel. They reported a 4% YoY increase i...

The Congress criticized the government as India's economic growth slowed to 5.4% in the July-September quarter of 2024, highlighting a poor performance in manufacturing and mining. Jairam Ramesh claimed that despite government initiatives, private i...

About 200 warehouse workers and delivery drivers rallied in the capital, New Delhi, under a Make Amazon Pay" banner. Some donned masks of Amazon chief Jeff Bezos and joined hands against the Seattle-based company's practices.

India's medical technology industry aims to achieve exports up to USD 20 billion by 2030. The sector requires extended government incentives and further ease of doing business to accelerate growth. Industry experts suggest expanding production linke...

Not every entrepreneurial endeavor leads to success. Although the idea of leaving behind a predictable and routine nine-to-five job to make a mark in the startup ecosystem can feel exciting, the outcome often falls short of the aspirations.

India's growing trade deficit, particularly with China, highlights the need for a revamped manufacturing strategy. The author argues against free trade agreements (FTAs) with manufacturing powerhouses, favoring selective tariffs, and promoting expor...

Maruti Suzuki India aims to boost vehicle exports to 7.5 lakh units by 2030-31, diversifying markets and leveraging India's 'Make in India' initiative. Having already exported 3 million vehicles, including a recent shipment of 1,053 units, the compa...

MakeMyTrip introduces multi-currency payments for international travellers, simplifying bookings for flights and hotels in over 2,100 Indian cities. This move follows GDPR compliance, expanding access to the platform in over 150 countries and aims t...

Trump and Modi are focusing on manufacturing to boost their economies. However, historical trends suggest that this approach is likely to fail in developed countries like the US. While India has potential in this sector, its progress is hindered by ...

The govt is considering changes to its public procurement rules to benefit manufacturers participating in PLI schemes. One proposal being evaluated is granting deemed local supplier status to companies that contract manufacturing to PLI beneficiarie...

Government initiatives like Make in India and PLI schemes are attracting foreign investors to establish bases in India, according to CII. Increased infrastructure investments and favorable geopolitical conditions are also contributing factors to the...

Government initiatives like the PLI schemes have boosted local manufacturing, leading to significant investments and job creation. However, experts suggest additional measures like GST rationalisation, improved credit access for MSMEs, and a focus o...

India's manufacturing sector is undergoing a transformation thanks to government initiatives like 'Make in India' and PLI schemes, reshaping global supply chains. Challenges like infrastructure gaps and workforce skills must be addressed to fully ca...

The Reserve Bank of India is struggling with rate transmission due to the dominance of other money market segments over the interbank call money market. The primary means to pass on interest rate changes is seeing lower volumes. Most overnight funds...