News: Manufacturing in India now is cheaper by 11 per cent compared to imports, considering incentives for local manufacturing offered by the government. While Japan’s Sony and China’s Xiaomi are evaluating options to source from India, Foxconn is in the process of setting up factories in the country. “India is ...
Read More »India to manufacture shipping container under “Make in India” campaign
News: India wants to manufacture shipping containers instead of relying on imports as part of a plan aimed at promoting the ‘Make in India’ campaign. India will appoint consultants to conduct a study into the capacity available within the country to take up container manufacturing. It will also approach foreign ...
Read More »Madhya Pradesh assembly to become paperless
News: Himachal Pradesh assembly happens to be the first state to start paperless facility. ‘Digital India’s’ first glimpse to be seen in Madhya Pradesh assembly, which is all set to become the second House in the country to become paperless. This tech innovation is expected to save a sum of ...
Read More »Make in India: India, Russia to jointly build 200 military choppers
News: Russian Helicopters deal has effectively killed any other light helicopter project for the armed forces, including a process that was initiated for an Indian-led JV to manufacture a new range of choppers. 200 helicopters will be manufactured in the country with the transfer of technology, and licence production, with Russian ...
Read More »Huawei to set up a unit in Tamil Nadu
News: Huawei elecommunications (India) Pvt Ltd for setting up a unit for electronics/telecom hardware and support services including trading and logistics activities at SIPCOT Special Economic Zone, Sriperumbudur in Tamil Nadu. This could now help Huawei to manufacture telecom gear for the first time for the Indian market point which was ...
Read More »TCS completes building sanitation facilities in 1,000 schools
News: TCS had earmarked a budget of ₹ 100 crore for building dedicated sanitation facilities for girls in selected schools. The initiative aims to boost the enrollment rate and reduce the dropout rate of girl students in the adopted schools, and in turn, improve learning outcomes. Under the fist phase of ...
Read More »PM Narendra Modi launches ‘Skill India Mission’
News: On the occasion of the first ever World Youth Skills Day, Modi has launched the “National Skill Development Mission”. Highlights of Modi’s speech: The country’s first priority is generating employment for the youth of the country. It’s not that skill only brings money in your pocket, it instills you with ...
Read More »Boeing and Tata announce strategic aerospace partnership to Make in India
News: US-based Boeing Co. and Tata Adavanced Systems Ltd (TASL) on Wednesday agreed to jointly develop products and platforms in aerospace and defence manufacturing and access new markets together. TASL is already on contract to manufacture aerostructures for Boeing’s CH-47 Chinook and AH-6i helicopters. “This agreement gives us an opportunity ...
Read More »MOU signed Ministry of Railways and Ministry of Skill Development & Entrepreneurship
News: Skill Development and Entrepreneurship, a Memorandum of Understanding (MOU) has been signed between Ministry of Railways (MOR) and Ministry of Skill Development & Entrepreneurship (MSDE) on mutual cooperation on Skill Development as part of The National Skill Development Mission. The principal focus areas of the Union Government is the National ...
Read More »Make in India boosts FDI up by 48% in last seven months
News: Foreign Direct Investment into the country has seen a 48 per cent growth in the seven-month period from the launch of ‘Make in India’ initiative in September till April 2015. The FDI inflow under the approval route saw a growth of 87 per cent during 2014-15 with inflow of ...
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