The manufacturing process will begin in Flex India's manufacturing unit, which is located in Chennai's Oragadam Special Economic Zone (SEZ)
It's a Catch-22 for companies in India making everything from a baby's first toy to mobile phones: the more they try to ramp up production to compete with China, the more dependent they become on it
IAF Chief Air Chief Marshal V R Chaudhari on Friday said the key to success lies in increased spending on research and development, coupled with indigenous manufacture of defence equipment. Addressing a conclave here, he also impressed upon the need to reduce dependence on imports. The IAF on Friday shared a tweet highlighting some of the key points made in Air Chief Marshal Chaudhari's speech. "Speaking on the topic of 'Propelling Self Reliance in the Aerospace & Defence Sector' at the 'India Defence Conclave' organised by the @EconomicTimes, #CAS Air Chief Marshal VR Chaudhari impressed upon the need to reduce dependence on imports," it tweeted. It was followed by more tweets in one thread along with some photographs. The IAF chief advocated an "ABCD approach for achieving strategic autonomy in defence equipment," it tweeted. "Such a methodology would entail ACQUISITION of Indigenous technology, BOOSTING capability with upgrades, CONSERVING capacity through maintenance & ...
Union Minister for Communications and Information Technology Ashwini Vaishnaw on Tuesday met Google CEO Sundar Pichai at Google Headquarters and held a discussion on India Stack and 'Make-in-India'
Minister for IT and Communications Ashwini Vaishnaw met Google CEO Sundar Pichai at the tech giant's headquarters in the US, and the two discussed India stack and 'Make in India' programme. Vaishnaw, on Tuesday, tweeted about his meeting with Google top honcho. "Met @sundarpichai at the @Google HQ. Good discussion on India Stack and Make in India program," the minister tweeted.
According to the report, the defence ministry is calling Indian companies for meetings, and once the capability assessment is complete, steps would be taken to hand over contracts
'Make in India' shipments from Apple grew 65 per cent (on-year) by volume and 162 per cent by value, taking the brand's value share to 25 per cent in 2022, up from 12 per cent in 2021
A 'Twitter activist' has been booked for posting misleading information about 'Make in UP' and 'Make in India' projects and denting the image of the state government and the Basic Education Department
In India, Daikin will begin a new plant in August, and it will manufacture air conditioners and compressors
Consortium needs to supply 80K of forged wheels annually over 20-year timeline
India is now much ahead of other large railway networks in the world in terms of electrification - with the US at just 1 per cent, China at 72 per cent and Europe at 60 per cent
India is slated to become the prime manufacturing hub for advanced 155mm artillery ammunition for all types of [155mm] artillery guns which are operated by over 75 armies worldwide.
The 14th edition of India's largest aerospace and defence exhibition, Aero India, takes off here on Monday with inauguration by Prime Minister Narendra Modi bolstering the 'Make in India' campaign and giving a fresh impetus to the domestic aviation sector. The five-day event will include aerial displays by aircraft and helicopters along with a large exhibition and trade fair of aerospace and defence companies. As many as 809 exhibitors, including 110 foreign ones, have confirmed their participation at the show at Air Force Station Yelahanka, which is being positioned as a platform for 'Make in India for the world', defence officials said. United States Charg d'Affaires Ambassador to India Elizabeth Jones will lead the largest-ever US delegation to the biennial air show. "As India modernises its defence capabilities, certainly we want to be the partner of choice. We are increasingly focused on mutually beneficial co-production and co-development partnerships," she said. A premier
National Data Governance Framework to set guidelines and protocols for non-personal data sharing
Telangana CM and BRS president K Chandrashekar Rao, attacked the BJP-led Centre, saying the Modi government's flagship project 'Make in India' has turned out to be 'Joke in India'
India has embarked on a massive transformation of its defence sector through the ambitious 'Make in India' programme
Customs duty changes for several products such as precious metals, small cars, bicycles, toys and telecommunication components in the Budget will help promote the Make in India initiative of the government, economic think tank GTRI said on Friday. The Global Trade Research Initiative (GTRI) also said the import duty changes in Union Budget 2023-24 affect products that count for less than USD 14 billion or 2 per cent of the value in India's current import basket. A large part of the Budget exercise was devoted to reducing the number of duty slabs and exemptions. The government continued with the current import duty structure, making changes only when it has big reason to do so. This will allow the firms to think long-term, GTRI co-founder Ajay Srivastava said. Customs duty changes fall into four broad groups - duty hike , duty reduction, correcting inverted duty structure, and reducing the number of duty slabs. He said the combined imports value for products where duty was raised i
Samsung said it already fulfils a majority of the domestic demand in India through local manufacturing at the Noida factory
Union Education Minister Dharmendra Pradhan on Sunday said India has to become a manufacturing economy for achieving the 'Make in India' goal. He said India currently has the momentum to achieve it. "Until India becomes a manufacturing economy, it will continue to buy goods from others as a purchasing economy," the minister, who also holds the skill development and entrepreneurship portfolio, said. Addressing a programme on 'Purvodaya - an instrument for Act East policy', Pradhan said economic empowerment in the eastern region has to be achieved by providing employment. "India will get the demographic dividend for the next 15 years, which eastern India will get for 25 years," he said. The minister said India has not only made strides on the political and diplomatic fronts, but also made a mark by providing COVID vaccines to 140 countries, of which 40 received those as a gift. Commending Kolkata's role as a centre of renaissance in India over the last three centuries, he said the
Among India's advantages are rising geopolitical tensions between Western nations and China, and a growing friendship with the US, Australia and Japan, which form part of the Quad