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
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 legally guaranteed access to UK firms for 40,000 tenders annually under FTA, offering preferential status in government procurement
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,
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
Adani Group pauses its $10 billion chip venture with Israel's Tower Semiconductor after internal review reportedly cites weak demand and limited partner investment
Join Pranjal Sharma in this episode of Tech Talk as he speaks with HCL Co-founder Ajai Chowdhry about why India must evolve beyond a services-driven economy
Among other policy changes suggested by the committee were facilitating faster land acquisition through brownfield expansions and repurposing retired thermal sites
This mission was first announced in the Budget on February 1 to boost the Make in India initiative
The surge in Apple's volumes has been largely powered by its iPhone 16 series, especially the 16e model, supported by affordability schemes and strong export momentum
Ambedkar gave us a liberal Constitution, and liberalism is a fundamental attribute of democracy
Free trade, based on the theory of competitive advantage, benefits everyone in the long run
President Droupadi Murmu has invited Slovakian businesses to join the 'Make in India' programme, underscoring that India stands as a shining example of progress in today's world of uncertainties. President Murmu also visited the Jaguar Land Rover facility here on Thursday and met its Indian staff and witnessed the rollout of the Land Rover Defender unit. Murmu arrived here on Wednesday in the second leg of her two-nation state visit, becoming only the second Indian Head of State to visit the Slovak Republic. The last time an Indian President visited Slovakia was 29 years ago. Speaking at the Slovakia-India Business Forum organised by the Ministry of Foreign Affairs here, President Murmu said Slovakia is looking for hardworking skilled workers and professionals from overseas to help meet its workforce requirements. I am convinced that Indian talent can be a valuable partner in the economic progress of Slovakia, she said. The President said India's expectation is to become a USD fiv
India's defence production has grown at an "extraordinary pace" since the launch of 'Make in India' initiative, reaching a record Rs 1.27 trillion in 2023-24