International Seminar on ‘Make in India’ Paradigm – Roadmap for a Future Ready Naval Force on April 18-19, 2016 in New Delhi will discuss modernization and development agendas of Indian Navy Warships in a navy bear testimony to the industrial capabilities of a country. The Indian Navy’s mantra is…
Tag: Make In India
Industry sought more from Budget 2016 for MSMEs
Finance Minister Arun Jaitley presented his third and full time second Union Budget. With a demand of supporting “Make in India” campaign and small and medium businesses, he announced a slew of schemes and tax exemptions. The Union budget has focused on farmers, rural infrastructure, agriculture,…
MSMEs battle obsolete technology, unskilled manpower, funding and Inspector Raj | QCI Report
In his August 2014 speech, PM Modi envisioned the ‘zero effect and zero defect’ (ZED) model and said ZED would primarily look at “making our product which has ‘zero defect’ so that it does not come back (get rejected) from the world market and ‘zero effectR…
Budget strikes a fine balance between ‘Bharat’, the rural India and 21st century India | Jayant Sinha
NEW DELHI, 8 March, 2016: Jayant Sinha, Minister of State for Finance, today described the Union Budget 2016-17 as one which achieves a fine balance between ‘Bharat’, the informal rural economy and India, the modern 21st century India; between fiscal rectitude and economic growth imperatives an…
CII Telangana & DRDL to hold a ‘Make in India’ meet
CII Telangana, in partnership with DRDL, are organising a two day conference on ‘Make in India: DRDL (DRDO) – CII Industry Meet on Opportunities and Challenges for SMEs in the Defence Sector at the DRDL campus, at DRDL Auditorium, Kanchanbag. The objective of the conference was to promote partner…
Budget 2016 ensures ‘Small is Big’; SME tax exemption limit elevated
In view with the growing demand to push the statistically proven economy drivers of the nation, government has unveiled Budget 2016, proposing to offer tax exemptions for SMEs. Units with turnover of up to Rs. 2 crore will have the benefit of the pitch. The threshold is twice the previous limit u…
Robotics firm Systemantics gets next round of funding from Nandan Nilekani
Robotics firm Systemantics, which builds industrial robots for the manufacturing sector, has raised another round of funding from venture capital giant Accel Partners and Infosys Co-Founder Nandan Nilekani, a few years after it received backing from investors such as Blume Ventures. Systemantics,…
Govt walks the talk on Make in India
The government has given a big push to the Make in India campaign, the centrepiece of its plan to create jobs through domestic manufacturing, with a raft of tax incentives and proposals that make it easier to do business. “Smaller industries which are essential to the success of the Make in India…
Post Budget Comments of Ashwani Kumar, IBA Chairman & Dena Bank CMD
The budget is well balanced since it gives impetus to long term growth and lays a credible road map of fiscal consolidation. It adheres to fiscal deficit target of 3.5% of GDP and has come out of prudence on the backdrop of global economic conditions with a bundle of tax measures to put private d…
MSME Ministry announces Rs 10k Cr package for Nagaland
The Union Minister for Micro, Small and Medium Enterprises (MSME), Kalraj Mishra, who visited Nagaland on February 26 to inaugurate the Regional Conclave of MSME at Chumukedima has announced Rs.10,000 crore to be sanctioned for Nagaland for development of the MSME sector in the state. This was st…