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.
India is also rated among the largest markets by internationally linked small- and medium-size enterprises (SMEs) which plans to expand supplies to Indian customers or form joint ventures in the country to make their components for exports.
For airplane manufacturers, Airbus and Boeing, the Asia- Pacific region are the biggest markets as they predict that the region will require 14,450 new aircraft in the next 20 years.
Here to participate in the World Economic Forum (WEF) Annual Meeting, Goyal said India has positioned itself as a global statesman in the context of prevailing concerns relating to a fractured world.
Under the proposal, which was cleared at the DAC meeting chaired by Defence Minister Nirmala Sitharaman, 72,000 assault rifles and 93,895 carbines will be procured on the "fast track basis".
Gandhi also tagged a news report with his tweet that claimed fresh investments in India plunged to a 13-year low as the number of stalled projects rose in the December quarter.
India and the US are co-hosting the three-day Global Entrepreneurship Summit (GES) in Hyderabad next week, in which 1,500 entrepreneurs from 170 countries and 350 participants from the US, a large number of whom are Indian-Americans, will take part.
Elon Musk had earlier expressed interest in setting up Tesla's first overseas factory in India.
The USD 10.9 billion project will have submarines capable of carrying multiple Brahmos supersonic cruise missiles.
The industry ministry is organising 'Make in India: Sweden 2017' in Stockholm to enhance Indo-Swedish cooperation and explore new areas of partnership.
Any changes to the joint venture will put future foreign investment at risk and cause the government to incur substantial costs, GE said in an emailed statement.