The move is seen as an effort to increase their presence in the world’s fastest growing smartphone market.
The Government e Marketplace (GeM) is assisting ministries, PSUs and state governments in procuring products online at competitive prices
With no customs duty, iPhones will get cheaper a bit. But, that may not be enough for Apple to win over India’s price sensitive consumers.
The smaller iPhone would be called iPhone XE and its manufacturing would take place in India by Foxconn.
Manufacturing iPhones in India costs the company less than importing it because of the duty concessions from the government
The industrial policy, which was billed as a comprehensive rule book aimed to turn India into a friendlier business destination, was initially set for launch last year
Agriculture's share in the economy had declined, with government and private sector gaining
The partners are developing comprehensive plans to set-up a new 'factory of the future' to manufacture Super Hornet locally, Boeing said after the discussions at the Aero India air show at the Yelahanka air base here.
The coaches at MCF will be manufactured by robots and will be on par with those being manufactured by international manufacturers, the sources said.
The minister said to boost the sector, the Cabinet has already given approval for 100 percent FDI under automatic route for manufacturing of medical devices.
Watch the video for a roundup of key happenings in the commodities market with a deep dive into some of the most active counters.
At first blush, the new defence pricing policy announced by the government earlier this month seems to discourage production. The policy, which proposed margin cuts, seems to be at odd with government rhetoric.
Singh was addressing a gathering of senior offices of the armed forces, industry leaders and other stakeholders on the second day of the Defence and Homeland Security Expo & Conference.
Prabhu also said the project will be one of the largest ever investments in manufacturing sector by a French company in the country.
"Department of Industrial Policy and Promotion coordinates action plans for 15 manufacturing sectors, while Department of Commerce coordinates 12 service sectors," he added.
The Engine Factory under the Make in India programme manufactured the two engines with 100 per cent local parts. Earlier localisation level was about 73 per cent
The total installed capacity of forging industry was 38.5 lakh metric tonne. Top officials of the Association were here to announce the seventh edition of the ASIAFORGE MEET scheduled to be held here between 18 to 22, 2019.
SAIL DSP is poised to meet the entire demand of Kolkata Metro, the statement said. In the first consignment, 46 wheels have been despatched and in the first lot, it added.
Eyeing India's lucrative defence market, the American aerospace major said F-16 production would place India at the centre of the world's largest fighter aircraft ecosystem, creating "unmatched" Make in India opportunities and export potential.
Narendra Modi, who is the first Indian Prime Minister in 30 years to have visited Sweden, announced that both countries have agreed on an innovation partnership and Joint Action Plan as part of bilateral relations
Speaking at a day-long conference on 'Indo-French Defence and Aerospace Cooperation' in New Delhi, the Union minister of state for defence said the medium, small and micro enterprises in India are capable of contributing to the global supply chain.
Developed indigenously, these Tata-Starbus hybrid electric buses come with full low-floor configuration, offer global design standards, can run on dual power and use lithium ion batteries, the firm said.
Using high end technology like artificial intelligence and robotics in the airlines industry will be another priority area for the ministry, Prabhu said.
Arunish Chawla, who is head of the economic issues at the Indian Embassy in the US, said a lot of articles were written about the recent union budget.
The locomotives have been made under the USD 2.5 billion agreement signed in 2015 as part of the 'Make in India' program to develop and supply 1,000 fuel-efficient diesel-electric Evolution Series locomotives.