Make in India

India's defence production poised to clock 20 pc annual growth in FY 2024-29

On the back of robust government reforms and increasing private sector participation, India's defence sector production is set to grow at a compound annual growth rate (CAGR) of around 20 per cent during FY24-FY29.

Dec 30, 2024

2024 becomes year of Apple in India amid premiumisation, PLI push, retail expansion

2024 has certainly become the year of Apple in India where the tech giant made new exports as well as domestic sale records, driven by the rising trend of premiumisation, the government's production-linked incentive (PLI) scheme and aggressive retail expansion.

Dec 29, 2024

PLI scheme achieves Rs 1.46 lakh crore investment, FDI inflows up 26 pc

From achieving Rs 1.46 lakh crore in investment under the product-linked incentive (PLI) scheme to 26 per cent increase in FDI inflows (year-on-year) in Q1 this fiscal (FY25), the Department for Promotion of Industry and Internal Trade (DPIIT) said on Friday that it has played a pivotal role in 2024 in building a self-reliant and globally competitive India.

Dec 20, 2024

PM Modi, Spanish Prez inaugurate Tata-Airbus C295 facility, pave way for 'Make in India' in aviation

Prime Minister Narendra Modi, alongside Spanish President Pedro Sanchez, inaugurated the TATA Aircraft Complex in Vadodara, Gujarat, on Monday, marking a major milestone for the "Make in India" initiative in the aviation sector.

Oct 28, 2024

Leverage India's unmatched scale: Piyush Goyal tells US companies

Union Commerce Minister Piyush Goyal has invited American companies to leverage India's unmatched scale and take advantage of the 'Make in India' initiative, particularly in high-tech manufacturing and quality production.

Oct 2, 2024

What is BRAP 2024: A Game-Changer for India's Business Landscape

The Indian government's BRAP 2024 aims to bolster the 'Make in India' initiative and enhance ease of doing business. The plan introduces an innovative assessment methodology and focuses on reducing approval times.

Oct 1, 2024

'Make in India' iPhone 16 hits market, thousands queue up to own new Apple devices

Apple's 'Make in India' iPhone 16 Series Go On Sale in India: Customers Eager To Buy New Phones

The Indian tech industry witnessed a significant milestone as Apple's 'Make in India' iPhone 16 hit the market. Thousands of eager customers lined up to get their hands on the new devices. The launch took place at Apple's retail stores in Mumbai and New Delhi, as well as other Apple Authorized reseller stores across the country.

Sep 20, 2024

iPhone production in India to reach 25 pc of global shipments by 2025: Jefferies

Apple's India Production to Hit 25% of Global Shipments by 2025

Apple's manufacturing footprint in India is set to expand significantly, with projections indicating that the country will account for 25% of global iPhone shipments by 2025.

Sep 9, 2024

Optiemus begins telecom equipment manufacturing with Tejas Networks

Optiemus Joins Telecom Manufacturing to boast Make in India

Optiemus Electronics has partnered with Tejas Networks to manufacture telecom equipment in India. The partnership aligns with the 'Make in India' initiative and aims to reduce dependence on imports. The venture has boosted Optiemus Electronics' financial performance, with a 29.3% jump in net profit in Q1 FY25. The collaboration is expected to enhance domestic production and contribute to the goal of Atmanirbhar Bharat.

Aug 20, 2024

Union Budget: PM Modi to meet prominent economists today

PM Modi hails defence giant Lockheed Martin's Make in India, Make for World drive

Prime Minister Narendra Modi has applauded global defence giant Lockheed Martin's commitment towards realising the vision of 'Make in India, Make for the World.'

Jul 20, 2024

India Boosts Defence Self-Reliance with Major Helicopter Procurement

In a significant stride towards self-reliance in defence manufacturing, Hindustan Aeronautics Ltd (HAL) has received a request for proposal (RFP) from the Ministry of Defence for the procurement of 156 light combat helicopters (LCH). This move is a testament to the 'Make in India' initiative and the vision of Defence Minister Rajnath Singh towards achieving self-reliance in defence manufacturing.

Jun 18, 2024

Make In India reaping fruits as Amazon eyes $20 billion exports by 2025: Top official

Amazon has slashed the subscription fees for its global selling programme from $120 to $1 for the first three months for exporters signing up before March 31

Nov 17, 2023

Make in India success: India now 2nd-biggest manufacturing hub for mobile phones globally

India is now the second-biggest manufacturing hub for mobile phones due to heavy investment from original equipment manufacturers, original design manufacturers and companies dealing in components and parts, a new report showed on Tuesday.

Oct 3, 2023

Make in India: Not just iPhone 15, even iPhone 15 Plus made in India to go on sale on Sept 22

As Apple lovers in India gear up to own new iPhone 15 series on September 22, they will not only get 'Make in India' iPhone 15 but also see a locally-assembled iPhone 15 Plus -- another first by the tech giant to make India a strategic manufacturing hub in the future.

Sep 20, 2023

India becomes 2nd biggest mobile producing country; crosses 2bn mark under "Make in India" [details]

'Make in India' mobile phone shipments crossed the 2-billion cumulative units mark during 2014-2022, registering a 23 per cent Compound annual growth rate (CAGR), latest research showed on Monday.

Aug 16, 2023

Pre-Booking For 'Make In India' Foldables Begins In India With Cool Pricing, Attractive Offers

Pre-booking for 'Make in India' foldables begins in India with cool pricing [details on booking date, attractive offers]

Samsung on Thursday announced the availability of its next generation of 'Make in India' foldables, Galaxy Watch and new tablets in the country that will go on pre-booking from July 27 (12 noon onwards) across all leading online and offline retail stores with some attractive offers.

Jul 27, 2023

Israel donates drip irrigation system to Children's Park in New Delhi on World Water Day [details]

This drip irrigation system is one of the byproducts of Israel-India growing partnership and aligns with India's Make-in-India initiative.

Mar 23, 2023

10-yr tax holiday, less holding period of ESOP shares: Startups on Union Budget

Indian startup founders on Monday said that to explore a comprehensive digital India, the Union Budget for FY24 must leverage the full inherent potential of the homegrown technology industry to become champions of digitisation

Jan 30, 2023

Rail Budget 2023-24: Focus on incomplete projects, big push for Make in India

In the upcoming Railway Budget, the emphasis will be on the development of infrastructure, 'Make in India' high-speed trains and the completion of incomplete railway projects.

Jan 29, 2023

FRAI appeals Centre to cut high taxes on daily goods to stem their illicit trade

High taxes on 'Make in India' products are creating a huge demand for smuggled and counterfeit products across the country and are forcing millions of small and impoverished shopkeepers to deal with criminals and be part of this illegal activity, the Federation of Retailer Association of India (FRAI) said on Tuesday

Jan 17, 2023

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