Page 2 - Make In India

Casio India starts sale of three locally manufactured watch models

Casio India has commenced the sale of its locally manufactured watch models, which will not only deepen its footprint here but also mark a strategic step for its long-term vision for the Indian market. The company, part of the Japan-based Casio Computer Co Ltd, has started the sale of its three locally manufactured models through a third party, and several more watch models are in the pipeline. Earlier in September 2023, Casio had announced plans to start local manufacturing of watches in India, which is a priority market for the company. "This milestone aligns with Casio's efforts to enhance product availability, support national manufacturing goals, and respond more intuitively to Indian consumer preferences," said a statement from Casio India. Casio, which entered into the Indian market in 1996, said the decision to "Make in India" is both a strategic and symbolic step that enables the brand to become more agile and responsive in a market that continues to evolve rapidly in term

Decathlon aims to scale sourcing from India to $3 billion by 2030

French sports retailer Decathlon on Tuesday said it will increase sourcing of goods from India for its global operations to USD 3 billion by 2030. Decathlon has been sourcing from India for the last 25 years and is committed to its "Make in India" vision and its focus on local production capabilities to serve both domestic and global markets, the company said. This growth will be driven by a focused push in high-potential categories such as footwear, fitness equipment, and technical textiles, which will be designed to meet the evolving demands of both Indian consumers and global markets, it added. "Currently, India accounts for 8 per cent of Decathlon's global sourcing quantities," the French retailer in a statement, adding that the goal is to scale this to 15 per cent by 2030. For the India retail operations, Decathlon's local sourcing is over 70 per cent of the quantities sold in India in 2025. "This figure is expected to rise to 90 per cent by 2030, reinforcing the brand's focu

Indo-UK FTA to boost 'Make in India', double trade by 2030: TVS Motor

The signing of the India-UK Free Trade Agreement is poised to open new global frontiers for Indian manufacturing under the Government of India's flagship 'Make in India' initiative, a top official of two and three wheeler maker TVS Motor Company said on Thursday. The FTA is also a significant step forward in realising the Prime Minister Narendra Modi's vision of 'Viksit Bharat'. TVS Motor believes the India-UK FTA would create immense opportunities for Indian companies to expand their global footprint while showcasing the country's innovation and engineering excellence on a larger platform. The landmark agreement is expected to double bilateral trade from the USD 60 billion to USD 120 billion by 2030, TVS Motor said. The Chennai-based company's Managing Director Sudarshan Venu in a release here, said, "We are deeply inspired by Prime Minister Narendra Modi's vision of Viksit Bharat and his unwavering commitment to making India a global manufacturing and design powerhouse." "The ..

Adani Enterprises to sell 50% stake in Kutch Copper Tubes to MetTube

Adani Enterprises to acquire 50% stake in MetTube Copper India, strengthening India's self-reliance in copper tube manufacturing

Under 'Make in India', we're assembling, not manufacturing: Rahul Gandhi

He further pointed out that a lack of policy and support, along with heavy taxes and the monopoly of corporations

Shrinking profit margins hit popular 'Make in India' trade in electronics

As companies boost spending, some investors are questioning whether market demand is keeping pace with the flood of investments

Standards & QCOs: A strategic lever for Viksit Bharat manufacturing agenda

India's strategic use of QCOs reflects a shift from being a passive consumer market to an assertive, quality-focused manufacturing economy

Rahul Gandhi slams PM Modi over 'Make in India', cites job concerns

He also pointed to rising youth unemployment and a doubling of imports from China, accusing Prime Minister Narendra Modi of focusing on slogans rather than real solutions

PM Modi's 'make in India' strikes emotional chord with the consumers

The survey shows that 58 per cent of the respondents in China want to buy local products in Q2 of 2025. This has gone up sharply by 7 per cent over the previous quarter

Dassault and Tata to locally manufacture Rafale fuselages in Hyderabad

Hyderabad facility to produce Rafale fuselages for domestic and global use under four new production transfer agreements, marking first such site outside France

Indian PC market to get a booster shot from Tamil Nadu's free laptop scheme

Industry experts say the million-unit tender is likely to give the personal computer market a good bump, but could push value down since the government will want a special prices for such a large orde

Tesla not interested in manufacturing EVs in India, says Union minister

Tesla is likely preparing for a market launch in India, although local production isn't part of its initial plans

AM/NS India launches two new patented steel products under Optigal

AM/NS introduces Optigal Prime and Pinnacle with high corrosion resistance and eco-friendly features, aiming for 25% share in India's colour-coated steel market

Foxconn to build $1.5 bn India plant for Apple despite Trump objections

Foxconn to invest $1.5 bn in India for iPhone parts despite Trump's pressure to shift production to the US. New Chennai plant to create 14,000 jobs and boost India's electronics sector

Rasna acquires Jumpin brand to enter India's RTD beverage segment

Jumpin was acquired from Hershey's India but its original owner was the Godrej group. According to a source, the brand was acquired for a little lower than ₹350 crore

Finance ministry considers 10% duty on key telecom gear amid tax disputes

Plans new product classification for items at heart of Samsung, Nokia cases

DPIIT proposes hiring agency to vet govt tenders for norms compliance

The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed to appoint a consulting agency to scrutinise tenders of central government procuring entities for compliance with public procurement norms. The department has floated a request-for-proposal (RFP) in this regard. The Government of India has issued Public Procurement (Preference to Make in India) Order, 2017. It has been issued to promote locally manufactured items in public procurement thereby increasing domestic production of goods and services. The policy aims at incentivizing procurement linked through local content requirements, thereby encouraging domestic manufacturer's participation in public procurement activities over entities merely importing to trade or assemble items. A penalty up to 10 per cent of the contract value can be imposed in case the contractor/ supplier does not meet the stipulated local content requirement. As per the order restrictive and discriminatory clauses against domestic

India grants UK access to £38 bn Indian procurement market under FTA

India grants legally guaranteed access to UK firms for 40,000 tenders annually under FTA, offering preferential status in government procurement

UK access to India's procurement may hurt MSMEs, Make in India, warns GTRI

Economic think tank GTRI on Wednesday said allowing UK firms to participate in India's central government procurement tenders could crowd out MSMEs, which rely heavily on protected access to such contracts. After the UAE, India has opened its central government procurement (GP) for British companies under the free trade agreement (FTA) announced on Tuesday, subject to certain conditions. British firms can now bid for tenders, and those with just 20 per cent UK content will be treated as Class 2 Local Suppliers under India's Make in India policy. This effectively extends preferential treatment designed for Indian firms to foreign suppliers. While UK companies gain broad access to India's procurement system, Indian firms remain largely excluded from the UK's closed and highly competitive GP market, the Global Trade Research Initiative (GTRI) said. With little reciprocal benefit, this sets a dangerous precedent for future FTAs and weakens India's leverage to defend domestic interests,

Apple shifts iPhone production for US market to India, confirms Tim Cook

Tim Cook confirms India will become the primary source of iPhones sold in the US as Apple pivots production away from high-tariff China to cost-effective Indian supply chains