Page 9 - Make In India

PM Modi inaugurates Uttarakhand Global Investors Summit in Dehradun

Prime Minister Narendra Modi on Friday inaugurated the Uttarakhand Global Investors Summit 2023 at the Forest Research Institute here. The two-day summit aims to promote the hill state as a major investment destination. He also launched the House of Himalayas brand to promote local products and increase the income of self-help groups. Preparations for the summit have been going on for months. It is being attended by more than a thousand investors and delegates from across the country and abroad. The target of the summit was to sign MoUs worth Rs 2.5 lakh crore, but it has already exceeded that limit to reach around Rs 3 lakh crore in the run-up to the event, which saw various roadshows being held by Dhami in India's metro cities as well as London, Birmingham in the UK, Dubai and Abu Dhabi.

India to soon be ready for $1 trn exports: Vaishnaw on 'Make in India' goal

Union Minister Ashwini Vaishnaw said that exports have reached $762 billion in the last financial year and the reason behind it is 'Make in India'

PM Modi shouldn't chase Elon Musk for manufacturing Tesla in India

If the Indian government believes this is how to build an EV-manufacturing ecosystem, however, it ought to think again

Making in India

Policy needs to go beyond PLI

ABB forms strategic partnership with Titagarh for metro projects in India

The partnership covers an agreement for Titagarh to purchase ABB propulsion systems, including traction converters, auxiliary converters, traction motors and TCMS software

Made-In-India Honda Elevate ready to run on Japanese road next year

Japanese auto major Honda is all set to introduce its India-made mid-sized SUV Elevate in the Japanese market next year. It would be the first instance that a product manufactured by Honda Cars India Ltd (HCIL), a wholly-owned unit of the Japanese firm, will be exported to the highly regulated Japanese market. HCIL is rolling out Elevate from its Tapukara (Rajasthan-based) production facility. "After its successful debut in India earlier this year, Elevate is scheduled for Spring 2024 launch in the Japanese market under the brand name WR-V," an HCIL spokesperson said in a statement. In a first for HCIL, the model will be manufactured in India and exported to Japan, it added. "This strategic move is a strong reflection of manufacturing capabilities of India operations and also solidifies our vision of making the country a key export hub in Honda business," the spokesperson said. The company's Tapukara-based plant is fully equipped to take care of the domestic as well as export ...

Aequs bags contract from Airbus for supply of critical aircraft components

Aerospace components maker Aequs on Wednesday said it has secured a contract with European aircraft major Airbus for the supply of critical components for A320 family, A330neo and A350 aircraft for over a period of 10 years. Under the terms of the agreement, Aequs will make detailed parts, parts with bench assembly for wings, fuselage, and pylons for these planes, Aequs said. Aequs has been a longstanding supplier to Airbus which was its first original equipment manufacturer (OEM) customer and has consistently been a preferred Detailed Parts Partner (D2P) to it for well over a decade. The mandate is a significant milestone not only for Aequs, but also for the Indian aerospace industry, amid the country's growing significance as a global aerospace manufacturing hub, deepening Airbus' Make-in-India drive, Aequs said. "This contract is a significant moment in Aequs' journey with Airbus. We are proud to stand alongside the world's largest aircraft maker as a long-term strategic ...

Adityanath govt pitching for 'Make in UP' in the growing aviation sector

Leading Indian and foreign companies, including from the US, have shown interest in setting up their manufacturing and assembly units in UP

Have already unbundled services, complied with CCI order: Google India head

Company will comply with 'laws of the land' and requirements of regulators, says Sanjay Gupta

HP to make Chromebook laptops in India in win for PM Modi's tech push

India has been expanding its electronics manufacturing sector as companies diversify production beyond China amid growing Washington-Beijing tensions

India keen to increase manufacturing share in GDP to 25%: Hardeep Puri

He said that PM's clarion call for 'Make in India, Make for the World' at World Economic Forum this year was a signal that India is ready and keen to increase the share of manufacturing to 25% by 2025

Tesla rival VinFast mulls setting up manufacturing plant in India

VinFast Auto became the world's third largest automaker by market capitalisation behind Tesla and Toyota in August

A 'Make in India' achievement

A quiet revolution is underway in India that could upend the notion that Indians are tech adopters, not innovators

Xiaomi supplier to open smartphone plant as India pushes for local

Beijing-based Xiaomi has been compelled to partner with Dixon for smartphone assembly because India is pressing Chinese companies to localize everything from manufacturing to distribution of devices

Doing right thing in promoting Make in India: Putin praises PM's policies

He made the remarks while speaking at the 8th Eastern Economic Forum (EEF) in response to a media query on Russian-made cars

Dell, HP among 32 firms that applied to make laptops locally: Vaishnaw

India is wooing global IT and electronics players with policy sweeteners and incentive schemes, making a push to position itself as a global powerhouse for hi-tech manufacturing

Indian Railways planning PLI for train components to curb imports

A railways official said that the PLI programme will give incentives to develop new manufacturing units or expand the existing ones

India is now the second-biggest mobile phone-making country: Counterpoint

Mobile phone shipments from India crossed the 2 billion cumulative units mark under the 'Make in India' initiative during 2014-2022

Explained: Why India restricted computer imports and who needs a licence

India has imposed restrictions on the import of personal computers, laptops, tablets, all-in-one PCs, 'ultra-small form factor' computers, and servers falling under HSN code 8741

Import curbs on laptops will boost local manufacturing: Industry players

The government's decision to impose import restrictions on laptops, tablets and certain types of computers will boost local manufacturing of these devices, industry players said on Thursday. Hailing the move as progressive, they said it will also help in achieving the Make-in-India vision. The government on Thursday imposed import restrictions on laptops, tablets and certain types of computers with immediate effect for security reasons and to promote domestic manufacturing. The Directorate General of Foreign Trade (DGFT), in a notification, said that exemption from import licensing is provided for up to 20 items per consignment for R&D, testing, benchmarking and evaluation, repair and return, product development purposes. Reacting to the move, Optiemus Electronics Ltd (OEL) Managing Director A Gururaj said in a statement, "We believe the government's decision to curb the laptop, tablet, and computer imports is progressive and has the potential to boost indigenous electronics ...