News Industrial production growth accelerated to a three-month high of 5% in February compared with 2.6% in the previous month on the back of strong manufacturing, data released by the statistics office showed. Growth for November was also revised to 5.2% from 3.9% estimated initially, pointing to an upward turn ...

News Aircraft maker Airbus Industrie has assured Prime Minister Narendra Modi that its outsourcing from India will increase to $2 billion from $ 400 million over the next five years as part of the Indian government’s Make in India initiative. Benefits 500% increase in 5 years. Indian outsourcing to increase ...

News Communications and IT Minister Ravi Shankar Prasad has asked Apple Inc to set up a research & development facility in India, even as the iconic brand increases focus on the country. Prasad suggested that the Cupertino-based company deepen its presence in the country. “Apple has a very strong presence ...