Driving the “Make in India” agenda to push up factory output and create more jobs, Prime Minister Narendra Modi on April 17 urged the diamond industry in Surat to take a lead in making the country as number one in the gems and jewellery sector. India’s net gems and jewellery exports, which were a…
Make in India
Make in India: Russia sees India as a destination for R&D innovations
India will soon be in the fore front in the global innovations and technology for socio economic development. The department of Science and technology will install over 50 super computers across the country in this direction. This was announced by the centre at the Global R and D summit 2017 at B…
Shift in plan: Make in India to focus only on few key sectors
Facing flak for attracting less-than-expected foreign investment in manufacturing sectors under the Make in India campaign, the Department of Industrial Policy and Promotion (DIPP) has now decided to focus on a few key sectors, instead of all 25 that were included in the scheme. Launched in Septe…
Impact of Make in India on MSMEs, job creation & FDI inflows under review
The Centre is working on a ‘compliance report” of its flagship ‘Make in India’ (MII) initiative that attempts to transform India into a global design and manufacturing hub as well as generate large-scale employment. The objective of the exercise, among other things, is to find out whether the gov…
Cisco launches its first ‘Make in India’ product to digitally enable SMBs
New Delhi: Networking giant Cisco Systems Inc. on March 23 unveiled one of the most popular products in its switching portfolio as the company’s first “Make in India” product. Minister for electronics and information technology Ravi Shankar Prasad said at the launch that he had requested Cisco’s …
Bihar govt announces Rs 500 cr fund for state start-ups
Looks like Prime Minister initiative Startup India is on the right track. Bihar Government has sanctioned Rs.500 Crore ($76 Million) of funding for the State Startups to promote young entrepreneurship in the state. The startup policy aims to cater to the needs of emerging entrepreneurs and make B…
Indian start-ups favour China over ‘Make in India’
Two years after Prime Minister Narendra Modi urged Indian entrepreneurs to ‘Make in India’, many have not been able to heed his call. While a few international giants have shown interest in the Modi government’s flagship plan, Indian entrepreneurs continue to find it difficult t…
Modi’s Make in India dream takes a hit as manufacturing sales fall
Despite the government’s efforts to attract investment under its Make-in-India campaign, sales of manufactured goods fell 3.7% during 2015-16–the first decline in seven years–sparking fears of layoffs and debt default in the months to come. Spurred by a global slowdown and lack of demand, sales o…
Make in India-K’taka will help transition of state MSMEs to compete globally
Bengaluru: Karnataka Chief Minister S Siddaramaiah is optimistic that the Make in India- Karnataka conference being held in the city will help the transition of the state’s MSME and SME sectors in accordance with a rapidly changing world. Siddaramaiah said the Karnataka government, which wa…
Modi’s ‘Make in India’ initiative comes good at Aero India show
Bengaluru: Several global defence firms have signed up with local Indian companies during the ongoing Aero India show to expand, manufacture locally and encourage Prime Minister Narendra Modi’s “Make in India” initiative. Defence firm Aequs Private Ltd said that it will open a multi-capability ae…