Explore Business Standard
Prime Minister Narendra Modi on Sunday called upon people to take pride in "swadeshi" (made in India) products as the festival season peaks in the coming weeks, stressing the mantra of "vocal for local" and the path of "aatmanirbhar Bharat" will lead to a developed India. Everything that is needed in life should be "swadeshi", he said in the 'Mann ki Baat' programme, repeatedly emphasising his point at a time when he has doubled down on the need for the country to become self-reliant amid a dip in the ties with the US after President Donald Trump imposed a 50 per cent tariff on Indian goods. As different parts of the country celebrate Ganesh festival, and Durga Puja and Diwali approach, he said people should never forget about "swadeshi" products during the festivals, be it in purchasing gifts, clothes, decor items or anything else. He stated, "Say with pride this is swadeshi, say with pride this is swadeshi, say with pride this is swadeshi. We have to move forward with this feeling
India's electronics manufacturing and export prowess have grown multi-fold in the last decade driven by enabling policies and incentives, and the Made-in-India products now command global recognition given their reliability and respect for IP rights, Union Minister Ashwini Vaishnaw said on Friday. Inaugurating VVDN Technologies' SMT (Surface Mount Technology) Line at Manesar, the Minister noted that electronics manufacturing in India has risen 5-fold in the last decade topping Rs 11 lakh crore. Exports have grown 6 times during this period, crossing Rs 3.25 lakh crore. The entire ecosystem has spurred 25 lakh jobs, Vaishnaw, Minister for Electronics and IT said. "In global market, Indian products, given their reliability and respect for IP rights, have an advantage, and it is being recognised globally," Vaishnaw said. India's design capabilities have paved the way for complex products - from AI cameras to automobile electronics and telecom network equipment to power electronics -
India's electronics manufacturing and export have grown multi-fold in the last decade driven by policies and incentives, and the Made-in-India products now command global recognition given their reliability and respect for IP rights, Union Minister Ashwini Vaishnaw said on Friday. Inaugurating VVDN Technologies' SMT (Surface Mount Technology) Line at Manesar, the Minister noted that electronics manufacturing in India has risen 5-fold in the last decade topping Rs 11 lakh crore. Exports have grown 6 times during this period, crossing Rs 3.25 lakh crore. The entire ecosystem has spurred 25 lakh jobs, Vaishnaw, Minister for Electronics and IT said. "In global market, Indian products, given their reliability and respect for IP (intellectual property) rights, have an advantage, and it is being recognised globally," he said. India's design capabilities have paved the way for complex products - from AI cameras to automobile electronics and telecom network equipment to power electronics -
Kalyani Powertrain, an arm of Bharat Forge, on Thursday said it has entered into a technology licensing agreement with Taiwan's Compal Electronics Inc for manufacturing of 'X86 platform' servers in India. The two parties have signed a Memorandum of Understanding (MoU) to develop server business using locally manufactured solutions in India. Compal will provide Kalyani Powertrain Ltd (KPTL) technological support related to servers, including overseeing local production, assembly, testing activities, and final sales, the company said in a statement. "This association will give a strong impetus to India's manufacturing competitiveness. We are ecstatic and encouraged by the trust they have reposed on the Kalyani group for the proposed association," Bharat Forge Vice Chairman and Joint MD Amit Kalyani said. Compal CEO Tony Bonadero said Kalyani Powertrain's extensive experience in the Indian market will create synergistic effects in the collaboration. "We look forward to this being jus