Make In India

Nibe's Vayu Astra-1 completes successful maiden trials for Indian Army

Nibe Limited successfully tested its Vayu Astra-1 loitering munition across varied terrains, showcasing long-range precision strike and high-altitude capabilities

Suryastra demonstrates precision strike capability in successful tests

The indigenous long-range rocket system achieved high accuracy during trials off the Odisha coast, marking a boost for India's defence manufacturing ambitions

Piyush Goyal asks industry to boost manufacturing to reduce imports

Commerce and Industry Minister Piyush Goyal on Monday asked the industry to identify goods that can be manufactured in India to help reduce import dependence of those products. He also suggested increasing exports and buy goods manufactured in India, rather than importing them. Addressing domestic traders, he said, "You should keep an eye on what goods are being imported, you will see opportunities in that too, what things can be manufactured in India." Goyal urged stakeholders to study import trends through the commerce ministry's trade portal and identify opportunities for domestic manufacturing and import substitution. The minister said despite global economic uncertainties, triggered by Russia-Ukraine and West Asia crisis, India's exports rose about 5 per cent to USD 863.11 billion in 2025-26. "This year's target is USD 1 trillion. This is a big target. We have to work together for this," Goyal said, adding that the industry should focus on quality, improving competitiveness a

Mekr bets on India's manufacturing shift with ₹67 crore funding round

The company is building an integrated design and manufacturing platform for consumer appliance brands amid India's growing push for local production

Hope to continue growing at 25% till 2031: BenQ India MD Rajeev Singh

BenQ India bets on premium displays, projectors, and India-focused products

Hope to continue growing at 25% Y-o-Y till 2031: BenQ India MD Rajeev Singh

BenQ India expects strong long-term growth from premium displays and projectors, while increasing its focus on products designed specifically for Indian consumers

M&M patent portfolio grows 20-fold over decade on strong R&D push

Mahindra & Mahindra's patent portfolio has expanded sharply over the past decade, with granted patents rising over 20-fold, reflecting a stronger focus on R&D and innovation

MNC medtech firms seek changes in local content norms for procurement

Multinational medtech firms have urged the Centre to revise local content calculations under PPOs, proposing inclusion of R&D and maintenance costs to widen eligibility in tenders

Bharat Wire Ropes zooms 35% in 2 days; what's driving iron & steel stock?

On Friday, April 17, 2026, Lloyds Enterprises bought 500,000 shares representing 0.73 per cent stake in Bharat Wire Ropes via open market, BSE bulk deal data shows.

SharkNinja enters India, eyes local production under Make in India

US-based appliance maker SharkNinja has entered India with select products and plans local manufacturing, aiming to tap growing demand across online and offline channels

India's defence exports hit record ₹38,424 cr in FY26: Rajnath Singh

India's annual defence exports touched an all time high of Rs 38,424 crore in the financial year 2025-26, marking an over 62 per cent growth over the previous fiscal, Defence Minister Rajnath Singh said on Thursday. The "big jump" in the defence exports reflected the growing "global trust" in India's indigenous defence capabilities, Singh said in a social media post, adding the country is "scripting an impressive defence exports success story." "India defence exports have touched a new all time high with a record Rs 38,424 crore in FY 2025-26. It marks a robust 62.66 per cent growth over the previous fiscal," the defence minister said. "This big jump of Rs 14,802 crore in defence exports reflects the growing global trust in India's indigenous capabilities and advanced manufacturing strength," he said. With DPSUs (defence public sector undertakings) contributing 54.84 per cent and private industry 45.16 per cent, this milestone showcases the power of a collaborative and self-relian

Israeli defence firm supplies first batch of light machine guns to India

A leading Israeli small arms manufacturer has delivered the first batch of light machine guns (LMGs) to India under the 'Make in India' initiative with technology transfer. The first batch of 2,000 NEGEV 7.62x51 LMGs, part of a larger contract for 41,000 units, was delivered over the last weekend, with an additional 4,000 scheduled for delivery later this year, the Israel Weapons Industries (IWI) said in a recent press release. The delivery was carried out by PLR Systems, a joint venture between IWI and Adani Group, the first private company in India to manufacture small arms and ammunition. "The milestone follows the successful completion of the technology transfer process under India's 'Make in India' initiative and reflects IWI's commitment to delivering advanced systems in accordance with contractual schedules and the highest quality standards, while supporting India's defence manufacturing ecosystem," the company said. The NEGEV 7.62x51, one of the lightest 7.62 mm light machi

Goyal meets Eli Lilly Prez; discusses steps to strengthen 'Make in India'

Union Commerce and Industry Minister Piyush Goyal held a meeting with Patrik Jonsson, Executive Vice President and President of Lilly International, discussing India's growth trajectory and the company's expanding presence in the country.Sharing details of the meeting on X, Goyal said on Friday that the discussions focused on Eli Lilly and Company's increasing operations and investments in India, and ways to further strengthen the 'Make in India for the world' initiative."Held a meeting with Patrik Jonsson, Executive VP and President, Lilly International, USA. We discussed the India growth story, Eli Lilly & Company's expanding operations and investments in India, and the steps to further strengthen Make in India for the world," the post read.Earlier in the day, Piyush Goyal held a virtual meeting with Harry Theoharis, Greece's Deputy Minister of Foreign Affairs. He highlighted that the discussions revolved around deepening cooperation between India and Greece."Held a virtual ...

Proterial to set up metglas plant in Andhra Pradesh under PLI scheme

The facility, to be located in Sri City and scheduled to begin operations in October 2026, will be India's first domestic production site for Metglas

DRDO DG Chandrika Kaushik stresses need for indigenous AI in defence sector

Highlighting the growing penetration of AI across sectors, she said the technology has already spread across daily activities, from education to problem-solving and solution development

India-US deal: Textile players stitch back frayed hopes after tariff cut

An analysis by CITI of data from the US Office of Textiles and Apparel showed that US imports of textiles and apparel from India fell 31.4 per cent in November 2025 compared with November 2024

Mitsubishi Electric India expands Chennai footprint with ₹2,100 cr plant

Mitsubishi Electric India has begun operations at its new air conditioner and compressor manufacturing facility in Chennai, marking a Rs 2,100 crore investment

Union Budget 2026-27: ECMS outlay nearly doubled to ₹40,000 crore

Phase-II of semicon mission announced

'Highway of immense opportunities': PM Modi lauds 'futuristic' Budget

PM Modi said the Union Budget, aligned with recent trade deals, provides unprecedented support to MSMEs, sunrise sectors, infrastructure, laying the foundation for jobs, growth, Viksit Bharat by 2047