The Railways has drawn up a blueprint to become an exporter of wheels and on Friday a tender was floated to build a wheel plant which would manufacture at least 80,000 wheels every year, Railway Minister Ashwini Vaishnaw said on Friday. This is for the first time that the Railways has floated a tender to invite private players to build a wheel plant and make wheels for high speed trains in India, he said. Indian Railways needs two lakh wheels per year. According to the plan, while Steel Authority of India Limited (SAIL) will provide one lakh wheels, the rest will be provided by a new 'Make in India' plant. Addressing a press briefing, Vaishnaw said the tender will be awarded on the condition that the plant will be exporter of wheels too and the export market will be Europe. The tender mandates that the plant has to be set up within 18 months, Vaishnaw said. The wheels of the Vande Bharat train were stuck in war-torn Ukraine and had to be airlifted to meet the timelines set for thei
According to reports, India's drone sector is projected to clock a turnover of Rs 12,000-15,000 crore by 2026
India's air force, army, and navy can no longer import some critical weapons systems to replace aging ones, the officials said
With the iPhone 14 series, Apple's iPhone production in India is slated to jump from 7 million iPhones in 2021 to touch a new milestone of around 12 million iPhones in 2022
India needs to enforce stringent quality norms for goods produced within the country for both domestic and international consumers if it wants to become a manufacturing hub
Chips of smaller nodes are faster and more profitable, but their factories can cost as much as a nuclear power plant
India's Make in India and Atmanirbhar initiatives aim to favour domestic manufacturing and discourage imports, the European Union said
Defence minister welcomes Safran to be a part of joint development production projects
Naor Gilon, Israel's Ambassador to India, said here on Wednesday that we are all interested in Make in India' and we see an immense potential for cooperation with India
Global smart device brand OPPO emerged as the leader in the 'Made in India' smartphone shipments in the first quarter of 2022, recording a 22% (year-on-year) growth, a new report showed on Monday.
India had launched the Production-Linked Scheme to give fillip to manufacturing in the country. But why is domestic production of laptops still weak? Is the PLI scheme not attractive enough?
Reliance Industries Ltd had acquired an 83 per cent stake in SankhyaSutra Labs in 2019, with an investment of Rs 216 crore
DCM Shriram Industries is focusing on developing and manufacturing versatile drones that will be used not just in the defence sector but across the board, its Joint President Rudra Shriram has said. The company is engaged in the businesses of sugar, chemicals and industrial fibre and has a turnover of around Rs 8,000 crore. It had last year invested USD 1 million (about Rs 7 crore) to purchase 30 per cent stake in Turkish drone company Zyrone Dynamics. "Luckily, we entered the (drone) market at the correct time and we have products ready of the market," Shriram told PTI in an interview. He said the idea is to manufacture drones completely in India. "The idea is to Make in India. Even for them (Zyrone), it is expensive to manufacture there. So, they can concentrate on technology development and we can concentrate on manufacturing at scale," he noted. He said DCM Shriram has a research and development (R&D) facility in Delhi and it has licences to manufacture defence drones across .
With 3GB RAM and 32GB on-board storage, mediocre camera performance, and UNISOC T610 processor, the Micromax's In 2C can be an option only for light users
The Indian industry and the "Make in India" initiative are turning out to be a "ray of hope" for global growth, PM Modi said and asserted that the country is preserving and promoting its antiquity
Prime Minister Narendra Modi on Sunday said that spiritual centers can become centers of inspiration for startups and Make in India initiatives in the country
Live news updates: "India was hardly counted in start-up ecosystem; it now ranks third in the world," PM Modi said
Prime Minister Narendra Modi said the way technology is being included in governance in India, it shows country's new political will as also the delivery-capability of democracy
Recently, Japanese auto maufacturer Nissan announced that it is halting the production of its Datsun vehicles in India
"Making in China and selling here is not a good proposition," the minister, Nitin Gadkari, said during a government conference