Page 19 - Make In India

India has the ability to reduce dependence on China, cut deficit: Report

The trade deficit contraction estimate has been made for FY22, assuming for a fourth of the items in the 40 specified sectors being sourced locally, Acuite Ratings and Research said.

Make in India: Govt invites global vessel owners to register ships in India

Shipping Minister Mansukh Mandaviya has reviewed the readiness of Indian shipping for implementation of the government's Cargo Transportation Policy, the statement said

Semiconductor assembly majors plan to set up manufacturing units in India

If the current talks with the ATMP big boys fructify, it will be a major step for the country.

Covid-19 impact: Xiaomi, Oppo turn to expensive imports as units struggle

The move is a costly one as the world's second-largest smartphone market imposes steep tariffs on imports of devices and components

Not going to import locomotives now, will Make In India: GE Transportation

According to the contract signed in November 2015, we were expected to deliver 100 locomotives year-on-year for 10 years, said Sandeep Selot

Govt changes public procurement rules, more preference to local suppliers

Companies with less than 20 per cent of domestic content in their goods or services will not able to participate in most of the government tenders and they are categorised as "non-local suppliers"

Blueprint for a more healthy economy

What we need is a map - an economic blueprint - that will address the need for domestic growth and put in place measures that will make India attractive for foreign investment.

Leather industry seeks policy, infra makeover to reduce imports from China

According to commerce ministry data, India imported leather and leather products worth $1.01 billion in FY20

Top 10 biz headlines: Make in India boost, fall in air traffic & more

Here are the top ten headlines on Thursday morning

India must shed its protectionist attitude: Ex-CEA Arvind Subramanian

If we turn protectionist, I don't know how can we be an exporting power. Self-sufficient exporting powerhouse is an oxymoron," he said.

After mobile phone devices, phased manufacturing push for AC makers

Prime Minister Narendra Modi, while addressing India Inc on Tuesday, had stressed the need for reducing imports and strengthening local products across key categories including ACs.

Govt places indent for supply of 156 combat vehicles worth Rs 1,094 cr

Under this indent, the combat vehicles will be manufactured by Ordnance Factory in Telangana's Medak at an approximate cost of Rs 1,094 crore

'Make in India' campaign: Private shipyards play second fiddle to DPSUs

Goa shipyard supplies first patrol vessel, but L&T has better record

GAIL steel pipe tenders worth Rs 1,000 cr in process under going-local plan

Pradhan reviews Rs 8,000 cr worth projects to align with PM Modi's Aatmanirbhar Bharat plan

Make reforms work

Govt has to find a way to remove the stumbling blocks

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

Made in India, for and by Indians, says Reliance Industries on rights issue

In a corporate presentation titled 'New Reliance for a New India', released on Friday, RIL termed itself as the best proxy for India's consumption-driven and tech-propelled growth story.

PM CARES allocates Rs 3,100 crore for migrants, buying ventilators

Out of the Rs 3,100 crore, nearly Rs 2,000 crore will be earmarked for the purchase of "Made in India" ventilators and Rs 1,000 crore for care of migrant labourers, it said.

BHEL bounces 18% from day's low as 13 mn shares change hands in block deal

The company has floated an Expression of Interest (EoI) inviting global companies to partner with it and leverage its facilities and capabilities for setting up a manufacturing base in India

Scheme for phone makers finds no takers amid coronavirus lockdown

Despite the government recently announcing two ambitious schemes for the sector to attract new investment, none of the companies is planning to avail them any time soon.