Page 4 - Make In India

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

Adani Group puts on hold $10 bn chip deal with Israel's Tower Semiconductor

Adani Group pauses its $10 billion chip venture with Israel's Tower Semiconductor after internal review reportedly cites weak demand and limited partner investment

Tech Talk: Ajai Chowdhry on rethinking India as a product-first nation beyond services

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

Consultative Committee of PowerMin calls for greater push to nuclear power

Among other policy changes suggested by the committee were facilitating faster land acquisition through brownfield expansions and repurposing retired thermal sites

Govt sets up panel to draft plan for new National Manufacturing Mission

This mission was first announced in the Budget on February 1 to boost the Make in India initiative

Apple shipped over 3 million 'Made in India' iPhones in Jan-Mar 2025

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

India's path to redemption: Ambedkar's liberal legacy leads the way

Ambedkar gave us a liberal Constitution, and liberalism is a fundamental attribute of democracy

Make in India to make India stronger: Trade policies, strategy must align

Free trade, based on the theory of competitive advantage, benefits everyone in the long run

India shining example of progress in world of uncertainties: Prez Murmu

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

65% of defence gear made in India; Russian army uses 'Made in Bihar' boots

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

Expand PLI scheme to labour sectors: Parliamentary committee to govt

The committee also recommended that the commerce department should 'proactively' take measures to conclude the FTAs

Believe in 'Make in India', it's giving good results: FM to Oppn in RS

FM Nirmala Sitharaman said that production-linked incentive schemes attracted investments worth Rs 1.5 trillion so far, created 950,000 jobs

Smartphone exports beat estimates, cross $21 billion in FY25 so far

Sprint past $20 billion target, beating projections

PM Modi calls 3-hr podcast with Fridman 'fascinating'; episode drops Mar 16

Fridman took to X (formerly Twitter) to share the news on Saturday, describing the three-hour podcast with PM Modi as 'epic'