The parliamentary standing committee on commerce noted that Indian industry was getting decimated by China dumping its cheap products in India
While India's economy has overtaken France to become the world's 6th largest, manufacturing has shrunk to about 15 per cent of the GDP from a peak of 18.6 per cent in 1995, according to the World Bank
"The DIPP is taking every step for effective implementation of public procurement order, 2017, to promote 'made in India' products," the government official said
The initial response of foreign firms to local manufacturing in defence is far from enthusiastic
The government plans two defence industrial production corridors as well as an industry-friendly military production policy to promote defence manufacturing
The Make in India Manufacturing Strategic Plan should be crafted by an independent commission comprised of a representative cross-section of business
Sitharaman said she could only tell the Indian armed forces to procure from indigenous companies "as much as possible"
One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails
Kerala has also been looking at facilitating investments in smartphone-related products, displays, tablets, routers, and handheld devices, among other things
The railway and steel ministries are at loggerheads over a Rs 20-bn global tender for rails as part of the national transporter's accelerated track replacement programme
Gandhi has been taking swipe at the government and Prime Minister Narendra Modi with his one-liners in the recent past
PM will surely exhort Davos crowd this month to come help make New India. 'Make in India' is great slogan, but more of what we buy, or what the rest of the world buys is not yet being 'Made in India'
India can continue to compete on the basis of existing technologies as long as it combines low wages with other supporting requirements to maintain its competitive edge, says Nayyar
As the government is keen to resolve the issue concerning US tech giant Apple's manufacturing plans in India, it has asked the iPhone maker to come out with a 'workable solution' so that it can be given incentives within the framework of current policies.Sources said the government was considering several options including giving space to Apple or its manufacturing partners for making iPhones and other devices in the special economic zones (SEZs), so that the company could benefit from duty incentives. However, the problem with manufacturing in SEZs is that Apple will not be able to sell its products in the domestic market. "The government is committed and is exploring various options for Apple within the current set of rules. We have to see what proposal Apple brings to the table," a source in the Ministry of Electronics and IT (Meity) said. Things have started to move again for Apple ever since Meity has become the nodal ministry. Earlier, the Commerce and Industry Ministry was ...
The licence granted for manufacturing shall now be valid for the life-time of the licensee company
Under the new rules, the licence granted for manufacturing will be valid for the lifetime of the licensee company
GE won a $2.6 billion contract in 2015 to supply 1,000 diesel locomotives
Trai has issued consultation paper on promoting local manufacturing of equipment
Technology transfer is at the heart of PM Modi's drive to build a domestic industrial base
In 2006, track system unit of Pfleiderer, with around 850 employees, was sold to AXA Private Equity