'Make in India' is one of the flagship programmes of the Government of India which is aimed at transforming the Indian economy towards making it a "global manufacturing hub", India's Consul General in Chicago Neeta Bhushan said in her address to a business community from the mid-west region recently, a media release said yesterday.
He said Tata Power SED was working with many Israeli companies, though it was not a part of any of the 12 defence agreements signed by Indian companies with Israeli firms during Prime Minister Narendra Modi's visit to the country.
Continuing his series of bilateral meetings here on the sidelines of the G20 Summit, Modi also met South Korean President Moon Jae-in and Italy's Prime Minister Paolo Gentiloni. He held a bilateral meeting with President of Argentina Mauricio Macri.
Hailing the ties between the two nations, Modi said: "...today it is 'I to I and I for I'. When 'I say I for I, I don't mean the popular saying but what I mean is India with Israel, India for Israel".
SpiceJet got a shout-out from Donald Trump, as he stood along with PM Modi in the White House Rose Garden, for orders placed with US aircraft maker Boeing.
Enabling finance availability, easy migration of labour force and a robust think tank is the need of the hour for defence sector
Indian navy will scale up its capabilities in high throughput satellite communication systems, directed energy weapons system and meta-material based surveillance systems
“Sath hai, vishwas hai, ho raha vikas hai (There is cooperation, there is confidence and progress is being made),” the prime minister tweeted. “Last 3 years have seen concrete steps that have transformed people’s lives,” said in another tweet.
"This was the long-standing demand of Indian industry and is essential to promote domestic manufacturing growth. This is a legitimate tool under our multilateral commitments and with number of major government initiatives this can be leveraged to promote value addition, create employment and give a much needed boost to the manufacturing," Ficci Secretary General A Didar Singh said.
India is in the process of making government departments buy all their goods and services from a single platform.
The government responded to apprehensions expressed by Tesla founder Elon Musk that the company would have to source a certain percentage of local components to set up plant here.
"The acquisition of the plastic factory is in line with the Government's initiative, Make in India, and will increase the capacity of manufacturing plastic toilet seat covers and polymer cisterns by 1 million pieces annually, taking total production capacity of Roca India's to 4 million plastic pieces," Roca Bathroom Products Pvt Ltd said in a statement.
"Campaigns like Make in India, Skill India and Digital India were clearly positive signals for new transformation including GST which would prove to be a game changer for Indian media and entertainment sector, especially the broadcasting sector," Information and Broadcasting Minister Naidu said.
The government is also examining a proposal on opening up of FDI for all good manufactured in India. Foreign companies will be able to sell products easily if this gets a green signal.
The public transporter has organised a workshop on adaption and sustainability of modern technologies in railway signalling with focus on skill development and Make in India.
Sources have told CNBC-TV18 that any foreign or domestic company that has a manufacturing unit in India and provides services to the government might get preferential treatment.
Chancellor of the Exchequer Hammond will visit Delhi and Mumbai alongwith Governor of the Bank of England Mark Carney and UK government ministers, including Commercial Secretary Baroness Neville-Rolfe and International Trade minister Mark Garnier, the UK government said today.
India-Malaysia CEO's forum has pitched for a balanced mega trade agreement among 16 countries, including India, China, Australia and ASEAN members, that include both commodities and services.
Today, India’s global position is very similar to that mid-cap company which is trading at rich valuations however undergoing some structural changes having potential to change its very orbit.
The Congress today alleged a Rs 20,000 crore nationwide scam in the procurement of LED bulbs for government use by a state-owned company and demanded a Supreme Court-monitored probe into it.
What you really want is that environment provided in India is so good that others also come to India, says former RBI Governor C Rangarajan.
A number of Russian defence firms has broadly agreed to facilitate speedy repair and overhaul of Russian-origin military platforms in India and manufacture their spare parts through joint venture and technology transfer with Indian companies.
Aviation sector will now be a part of multi-modal logistics hubs in India to promote holistic logistics solutions, union minister Nitin Gadkari said today.