Page 6 - Made In India

Display of country of origin on products sold online: HC seeks govt's stand

A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Centre and e-commerce platforms Amazon, Flipkart and Snapdeal seeking their stand on the plea by July 22.

95% appliances made in India; dependence on China won't fall soon: CEAMA

CEAMA said even before the call to boycott Chinese products, various companies had already started to look for alternative sources due to disruptions of supplies following the lockdown in China

IISc in process of commercialising ICU-grade ventilator 'Project Praana'

Building such indigenous products would reduce India's dependence on countries like China for items such as PPEs and ventilators

Govt wants 'origin of products' displayed, calls e-commerce firms for meet

This follows the Government e-Marketplace (GeM) platform making it mandatory for its listed sellers to specify the country of origin while registering all new products on the portal

PM Cares Fund allocates Rs 2,000 cr for 50,000 Made-in-India ventilators

Around 30,000 ventilators are being made by BEL, rest by AgVa Healthcare; another Rs 1,000 cr set aside for welfare of migrant labourers

Xiaomi a 'more Indian' smartphone brand than any other, says India head

Stressing that the company's mobile phone R&D centre and product team is in India, the Xiaomi India Managing Director also pointed out that it employs 50,000 people in the country

BS READS: Inside story of Plane X, India's dead civilian aircraft project

An ambitious Rs 7,555-crore project to develop an indigenous civilian aircraft failed because of scared investors, bureaucratic hurdles and dithering governments

Nestle India's business loss could be more than 30%, says MD Narayanan

Prime Minister Narendra Modi's call for swadeshi was misinterpreted by some. We are here for 108 years. We have 7,200 Indian employees. We work with over 100,000 Indian farmers, says Nestle India CMD

Indian products in paramilitary canteens from June 1: Govt after PM speech

The CAPFs - CRPF, BSF, CISF, ITBP, SSB, NSG and Assam Rifles - canteens together sell products worth about Rs 2,800 crore annually

IAF chief Bhadauria to fly sortie in HAL's 'Made in India' HTT-40 aircraft

The IAF chief has been associated with the indigenous trainer aircraft project for a long period now as he had assured full support to it since he was the deputy chief of air staff.

Sitharaman releases 'Made-in-india' multi-fuel war tank engines to Army

EFA's indigenisation efforts have resulted in savings to the exchequer of Rs 3.3 million for each T-90 engine and Rs 975,000 for each T-72 engine

Few takers for 'Made in India' on bourses

Made in India is floundering on Dalal Street. The market capitalisation share of export-intensive sectors is down to a five-year low of 17.6 per cent, from a record high of 23.9 per cent at the end of FY16. The decline has been led by information technology (IT) companies and pharmaceuticals, two of corporate India's biggest exporters. Software exporters such as Tata Consultancy Services, Infosys and Wipro now account for 9.7 per cent of the combined market capitalisation, a seven-year low and down 450 basis points (bps) from their high at the end of FY14. The decline for pharma exporters such as Sun Pharmaceutical, Lupin and Dr Reddy's is more recent, with the sector market cap share falling by 240 bps from their high at the end of FY16. One bps is a hundredth of a per cent (see chart).Once the second biggest sector on Dalal Street in market capitalisation, behind banks & financials, IT companies now trail consumer goods makers, basic material producers (metal, mining & ...