Page 11 - Make In India

Modi govt's final full budget to focus on subsidy cuts, 'Make in India'

With India running one of the highest public debt to GDP ratios among emerging markets globally, firm adherence to the fiscal consolidation would seem the most appropriate path

'Make in India' TV shipments grow 33% to reach five million units

Dixon led the 'Make in India' TV shipments, followed by Radiant

Satya Nadella checks right boxes talking about G20, Make in India and AI

Looking to help in "amplifying" the India story, Microsoft Executive Chairman and CEO Satya Nadella on Thursday said the country's technology story and the policies that helped it reach here is a tale that needs to be told to the world. Briefing the media after the Future Ready Technology summit in Bengaluru, Nadella said "India is taking the leap to contribute both in the digital technology as well as the soft side of it--the policy side of it, as to how this came about." "That story needs to be written about, talked about so that everyone else in the world can also benefit from it. I think India's leadership of the G20 is obviously a great moment for that. And we at Microsoft want to be as helpful as possible in amplifying what is essentially the output of India," he said. Emphasising often on the growth of digital public goods in India, Nadella said India has created a "virtuous cycle of digital public goods that raises the bar on private enterprises, increases competition, reduc

LIXIL launches its first Asia Pacific cistern assembly unit in Mumbai

Built on 23,500 sq ft, the unit will have a production capacity of 150,000 units in its first year; it is designed to raise that to 300,000 units in the second year

Ramkrishna Forgings to acquire up to 51% stake in TSUYO Manufacturing

Ramkrishna Forgings on Thursday said its board has approved a proposal to acquire up to 51 per cent stake in TSUYO Manufacturing. The company did not disclose the deal size. A decision in this regard was taken by the company's board at a meeting on Wednesday, Ramkrishna Forgings said in a statement. "The board of directors of Ramkrishna Forgings has approved an investment to acquire up to 51 per cent voting rights of TSUYO, a Make-In-India startup company engaged in powertrain solutions for electric vehicles," it said. This proposed investment will help TSUYO enhance its product portfolio and expand its facilities for manufacturing of motors, controllers, e-axles, and differentials. "This strategic investment will enable us to further advance our commitment to supporting the growth of electric vehicles in India and beyond. This acquisition will significantly improve our capabilities and expand our market share in the evolving EV segment," Lalit Khetan, Whole-time Director and CFO,

Indian Army issues two tenders to procure 62,500 bulletproof jackets

The Ministry of Defence has issued two separate tenders for these jackets under Make in India including for 47,627 jackets under the normal route and 15,000 jackets through emergency procurement

Testing, evaluation facility for sonar systems for Navy launched by DRDO

Giving impetus to the vision of 'Aatmanirbhar Bharat' and the 'Make in India' initiative, a testing and evaluation facility for sonar systems to be used by the Indian Navy has been launched by the Defence Research and Development Organisation, an official statement said on Monday. It is a state-of-the-art system developed for use by the Navy onboard various platforms, including ships, submarines and helicopters, the Defence Ministry said in a statement. "Giving impetus to the 'Aatmanirbhar Bharat' and 'Make in India' commitment, the DRDO launched Hull Module of Submersible Platform for Acoustic Characterisation & Evaluation (SPACE) facility at Naval Physical and Oceanographic Laboratory (NPOL), Kochi, recently," it said. The SPACE facility is based on the concept design and requirements projected by NPOL and has been constructed by L&T Shipbuilding, Chennai, it said. This will be mainly utilised for evaluating sonar systems, allowing for quick deployment and easy recovery of ..

NGT junks plea to promote 'anti-air pollution device' under 'Make in India'

NGT has refused to hear a plea seeking directions from the Centre to test the efficiency of a device claiming to capture ultra-fine particulates, including PM1 and PM2.5-1

BAE Systems to produce 155 mm ULH titanium castings with PTC Ind in India

The companies will jointly develop a controlled fabrication process and ensure that the same parts can be manufactured in any future production of the M777 howitzers for India

PM expresses concern on high import bill for edible oil, fertlisers

Prime Minister Narendra Modi on Monday expressed concern over the huge edible oil and fertilisers import bill, which is putting pressure on the exchequer, saying it is time to work in mission mode to make India self-reliant and reduce import dependence. Modi said it was necessary to become 'AatmaNirbhar' or self-reliant because problems in the exporting countries directly hit import prices for India as happened after the outbreak of the Russia-Ukraine war. Addressing a gathering after launching several projects related to the agriculture sector, the Prime Minister said it is important to reduce dependence on imported edible oil and fertilisers, and even crude oil to the extent possible. Modi said the government would be spending Rs 2.5 lakh crore on the import of soil nutrients this year only to ensure high global prices do not affect farmers. He also said the government was purchasing urea from overseas for Rs 75-80 per kg but was supplying it to farmers at Rs 5-6 per kg to protec

PLI for IT hardware: Draft proposes raising financial outlay by 2.5 times

Earlier, Ministry of Electronics and Information Technology (MeitY) held discussions with global IT hardware makers who are looking to move part of their production capacity from China to India

India-UK free-trade agreement: Carmakers object to sharp import duty cut

India's auto industry push for a phased duty reduction to protect interests

'Make in India' completes eight years, annual FDI nearly doubles to $83 bn

Annual Foreign Direct Investment (FDI) nearly doubled to $83 billion as 'Make in India', the flagship scheme of the government to facilitate investment and foster innovation, completed eight years

What is the significance of Apple's 'Make in India' push?

Erratic lockdowns in China have forced manufacturers to explore alternatives. One beneficiary has been India, where Apple is expanding iPhone making capacity. What does it mean for the US tech giant?

Indian Army calls upon domestic firms for critical equipment procurement

The Indian Army on September 18 invited domestic defence firms to offer critical equipment for emergency procurement

'Make in India' smartphones share reach 16% in Q1 with 44 mn units: Report

The Indian government's push with multiple PLI schemes has been showing a positive impact and "we saw increased local manufacturing share in product segments like smartwatch, TWS, neckband and tablet

Indian auto industry should aim for higher quality: Maruti Suzuki's Ayukawa

It should 'localise smallest of the components' and invest in new technology, says business leader

Railways floats tender for 80k 'Make in India' wheels every year: Vaishnaw

The Railways has drawn up a blueprint to become an exporter of wheels and on Friday a tender was floated to build a wheel plant which would manufacture at least 80,000 wheels every year, Railway Minister Ashwini Vaishnaw said on Friday. This is for the first time that the Railways has floated a tender to invite private players to build a wheel plant and make wheels for high speed trains in India, he said. Indian Railways needs two lakh wheels per year. According to the plan, while Steel Authority of India Limited (SAIL) will provide one lakh wheels, the rest will be provided by a new 'Make in India' plant. Addressing a press briefing, Vaishnaw said the tender will be awarded on the condition that the plant will be exporter of wheels too and the export market will be Europe. The tender mandates that the plant has to be set up within 18 months, Vaishnaw said. The wheels of the Vande Bharat train were stuck in war-torn Ukraine and had to be airlifted to meet the timelines set for thei

Domestic drone industry in Uttar Pradesh gets 'Make in India' push

According to reports, India's drone sector is projected to clock a turnover of Rs 12,000-15,000 crore by 2026

Why 'Make in India' in defence may be leaving India vulnerable to threats

India's air force, army, and navy can no longer import some critical weapons systems to replace aging ones, the officials said