The growing Indian automobile market drew lot of attention from global auto components manufacturers who are waiting to invest in the country. At the just concluded Auto Expo-Component Show in the capital several global companies were exploring opportunities to invest in India. At least 600 inter…
Tag: R&D
New DPP to boost indigenous manufacturing | Puneet Kaura, MD & CEO, Samtel Avionics Ltd.
Prime Minister Narendra Modi’s ‘Make in India’ campaign – launched some time back – is designed to improve and strengthen manufacturing capabilities in India and also act as a strong mandate to foreign players to develop manufacturing units in India. Moreover, the SMEs are also looking at a great…
Israel to part-take in Make in India
Israel, known for its frugal technologies, has evinced interest in participating in ‘Make in India’ initiative, particularly in the defence production where SMEs account for 80 per cent of design and development. At a ‘Make in India’ Summit, Israeli Ambassador, Daniel Carmon, said Israel can also…
ACMA looks forward to a growth oriented Budget
The Automotive Component Manufacturers Association (ACMA), the apex body for the Indian auto component industry has stressed on the need for an early implementation of GST in its recommendations to the Government for the forthcoming Union Budget for the year 2016-17. The auto component sector is …
Opportunities in defense are huge for the SME sector | Rajbikram S Nayar, CMD, Deco-Nayar
India has suffered numerous terrorist attacks, which resulted in significant loss of life and the disruption to a thriving economy. With growing urbanization and half the country’s population expected to live in cities, there is need to secure urban infrastructure against acts of terror. India re…