IIT Madras has signed a ₹1 crore licensing deal with Indrarka Quantum Technologies to deploy India's first silicon photonics-based quantum random number generator
Sounding a note of caution, former RBI Governor D Subbarao on Monday said that 'Make in India' should not transform into 'Make all that India needs' as it would hurt investments in the country and impact productivity. Subbarao further said the punitive 50 per cent tariffs on Indian exports imposed by the US will raise the costs of Indian goods in the most important overseas market, which is America. "If 'Make in India' degenerates into 'Make all that India needs', we risk losing the chance to attract investment away from China. "The tariffs remind us that openness, not isolation, is the path to sustainable growth," he told PTI in an interview. Subbarao said the success of 'Make in India' hinges on competitiveness, not protectionism. "Atmanirbhar Bharat, an aspiration that the Prime Minister reiterated in his Independence Day speech, must mean strategic self-reliance in sensitive areas like defence and energy, not blanket self-sufficiency," he said. According to him, 'Make in Indi
While certain sectors such as smartphones have shown remarkable export growth, the broader manufacturing landscape does not tell an inspiring story
Parliamentary panel recommends promoting 'Make in India' for traditional leather products to safeguard artisans, citing the Kolhapuri chappals imitation case
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
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
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 acquire 50% stake in MetTube Copper India, strengthening India's self-reliance in copper tube manufacturing
He further pointed out that a lack of policy and support, along with heavy taxes and the monopoly of corporations
As companies boost spending, some investors are questioning whether market demand is keeping pace with the flood of investments
India's strategic use of QCOs reflects a shift from being a passive consumer market to an assertive, quality-focused manufacturing economy
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
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
Hyderabad facility to produce Rafale fuselages for domestic and global use under four new production transfer agreements, marking first such site outside France
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 is likely preparing for a market launch in India, although local production isn't part of its initial plans
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 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
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
Plans new product classification for items at heart of Samsung, Nokia cases