The Central Excise Commissionerate Noida II in association with the Institute of Chartered Accountants of India on May 29 organized a workshop for tax payers for smooth switchover to the Goods and Services Tax (GST) regime, which will come into effect from July 1. The programme, joined by represe…
Tag: Make In India
Younger generation should volunteer for more start-ups: Sitharaman
Union Commerce and Industry Minister Nirmala Sitharaman has said that the younger generation should volunteer for more start-ups and assist in developing the country’s economy. In an interview in Berlin, Sitharaman said that market access strategies would be devised during the inter-governmental …
HP puts faith on SMBs & govt for growth
HP Personal Systems business in India expects massive growth in revenues backed by small and medium businesses (SMBs) and government initiatives like Digital India, Make in India and Startup India. Ketan Patel, Senior Director of HP Personal Systems, which focusses on PCs, laptops, tablet, access…
#3YearsOfModiGovt: ‘Nothing much changed on ground for start-ups’
The Narendra Modi government has made a lot of promises for entrepreneurs in India, but how many of them have really helped the startup sector is a question that begs an answer. Whatever the answer, which is detailed below, a general consensus is that it is the first government that has paid more…
Machine tools industry: ‘SMEs need to harness the power of digitalisation’
Small and medium enterprises (SMEs) form the backbone of the Indian manufacturing industry. They contribute 38 per cent to the nation’s GDP, 37 per cent to its manufacturing output and 40 per cent to its exports. Moreover, the segment is always buzzing with innovations. Companies are constantly t…
Will the strategic partnership policy finally kick-start PM’s Make in India Defence Project?
It has been well over a decade since India’s private sector was directly involved in defence manufacturing. Citing security concerns, India’s defence procurement has largely been driven by the various defence public sector undertakings (DPSUs) and the Ordnance Factory Board (OFB). While defence m…
‘India is ready for the next big leap into the future’
Today, the situation is rife with speculation about the possibility of a sovereign ratings upgrade. Avid investor interest is chasing India with its conspicuous arrival on the international high table, in the middle of a successful transformation of the economy from one of the ‘Fragile Five’ amon…
Local defence manufacturing gets a boost, Cabinet approves strategic partnership model
New Delhi: The Union Cabinet has approved the much-awaited strategic partnership model which will allow local private sector companies to form manufacturing joint ventures with foreign defence equipment makers—a shot in the arm for the government’s ‘Make in India’ programme as well as efforts by …
Make in India may help start-ups go forward robustly: Deloitte
Enormous innovation in FinTech space is taking place in India, says Andrew Vaz, Chief Innovation Officer, Deloitte Touche Tohmatsu Ltd. Here he shares Deloitte perspective of current innovations happening in the country: Q: Where does India’s innovation figure amongst global innovation? A: From a…
India-Malaysia share experiences on how to support start-ups & SMEs
With a global focus on providing more support to small and medium scale enterprises (SMEs) – and recognizing that start-ups play a crucial role in creating jobs, growth, exports and innovation within most economies – Asian countries are keen to learn from each other’s experience…