Prime Minister Narendra Modi’s government is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a ce…
Tag: Narendra Modi’s
Tradeshift tapping Indian small businesses for its invoicing platform
Tradeshift, the “social network for invoicing,” sees serious potential in India’s small business sector, CEO Christian Lanng told. The start-up, which connects businesses to simplify their expense systems, told that India was Tradeshift’s fastest growing market, with 15,000 smal…
IITian diaspora urged to make Startup India a success
India has urged the IITian diaspora to invest in Prime Minister Narendra Modi’s Startup India campaign to promote a culture of innovation in its ancestral land. Speaking at the 2016 International Conference of the IIT Alumni Canada which brought over 400 IITians from the US, Canada and Australia …
Gandhi Jayanti Special: Modi’s mantra sprout new Khadi ventures
With Prime Minister Narendra Modi’s emphasis on promoting homegrown Khadi, a number of new ventures and startups are coming up with exclusive ideas and promoting Khadi in a unique way. These ventures and entrepreneurs have joined the hands to breathe new life into Khadi. Khadi Nation: This Bangal…
MUDRA lends over Rs 42,000 crore in 5 months
Prime Minister Narendra Modi’s pet project, Micro Units Development & Refinance Agency (MUDRA), has disbursed over Rs 42,000 crore in the five months of this financial year. This is one fourth of its annual target of Rs 1,80,000 crore. The lending agency’s disbursals nearly double…
110 million mobile handsets produced in FY16: ICA & CEAMA
Prime Minister Narendra Modi’s ‘Make in India’ mission has achieved some success in boosting mobile manufacturing and assembling in the country. The number of handsets manufactured in India nearly doubled in FY16 from the previous year, said Ravi Shankar Prasad, Information Tech…
Andhra to get India’s first textile city
India’s first integrated textiles city is likely to come up in Andhra Pradesh. The central government has already initiated the process of identifying land, technology and expertise for the same. According to sources, Textiles Minister Smriti Irani has spoken to Andhra Pradesh Chief Minister N Ch…
CM Vijay Rupani kicks off third regional MSME conclave
Gujarat is providing job opportunities to 28.36 lakh people through 3.76 lakh Micro, Medium and Small Enterprises, said Chief Minister Vijay Rupani as he kicked off the 3rd regional MSME conclave for western India in the presence of Union MSME Minister Kalraj Mishra, Minister of State Haribhai Ch…
Government to launch Korea Plus on June 18
The Government of India will launch Korea Plus tomorrow, a dedicated mechanism for hand holding Korean investors and facilitating South Korean investment and operations in India, said Nirmala Sitharaman, Minister of State for Commerce & Industry, Government of India, here today at the ‘Korea-…
Gujarat unveils new policy to pep up IT start-ups in 5 years
As part of Prime Minister Narendra Modi’s “Make in India” and “Start-up India” moves, Gujarat Chief Minister Anandiben Patel, on June 5, announced her government’s new policy for promotion of information technology (IT) and electronic start-ups, envisaging setting up of 50 incubators to provide l…