News: Government of India developed a draft NMDP-2015, it presents as a landmark policy initiative towards making India self-reliant in the medical device development field by promoting Research & Development, Innovation and Manufacturing in India. The objective is to strengthen the Make in India drive in medical device sector by reducing ...

News: India’s retail inflation unexpectedly slowed despite crop damage from unseasonal rains, boosting the possibility that central bank Governor Raghuram Rajan will cut rates outside the review cycle for a third time this year. While India’s inflation has slowed from an average of 6.7 percent last year, its still the ...

News: Karbonn will open assembly lines in Noida and Bengaluru and a factory in Hyderabad within the next 12 months, executive director Shashin Devsare said. Karbonn, a joint venture between the Bengaluru-based United Telelinks Ltd and Noida-based Jaina Marketing and Associates Pvt, Ltd, is seeking to test the waters for a manufacturing push under Modi’s ...