Tag Archives: Make in India

Diesel locomotive from the Marhowrah Diesel Locomotive Factory in Bihar (Image credits: Railways) Prime Minister Narendra Modi on Friday flagged off the first ‘Make in India’ for export diesel locomotive from the Marhowrah Diesel Locomotive Factory in Bihar, marking a significant milestone in India’s rail manufacturing and export capabilities.Developed under the ‘Make in India’ initiative in partnership with Wabtec, the …

The first India-manufactured Falcon 2000 aircraft will likely be ready by 2028. (Image source: Dassault) NEW DELHI: French aerospace major Dassault Aviation has tied up with Anil Ambani’s Reliance Aerostructure to manufacture Falcon 2000 business executive jets in India for the global markets. India will soon join the club of countries that make business jets which so far includes US, …

Shein’s initial strategy involves featuring Indian-manufactured clothing on their US and British e-commerce platforms. (AI image) Shein, in collaboration with Reliance Retail, aims to significantly broaden Indian manufacturing network and start international sales of Shein-branded apparel produced in India within six to 12 months. The e-commerce company, which originated in China but is now based in Singapore, had initiated discussions …

NEW DELHI: From combing regulations at the Centre and in the states to make it easier for companies to invest, tailoring packages, and making investment pitches to global corporations, govt is seeking to ensure that foreign direct investment (FDI) flows into the country remain strong.India saw FDI inflows increase by 13.6% to $81 billion, and govt is keen to build …

Apple has been expanding production beyond China. (AI image) Murata Manufacturing Co., a producer of iPhone components, is considering relocating some production facilities to India, signalling a shift in global supply chains towards the world’s largest population centre.Apple has been expanding production beyond China, recently initiating trial production of AirPods in India. Additionally, numerous Chinese mid-range smartphone manufacturers are anticipated …

NEW DELHI: Modi government has given priority to industry and trade as it realises business plays a key role in achieving the goal of India becoming a developed nation by 2047, said labour and employment minister Mansukh Mandaviya. The taxes they pay are used for funding welfare policies that benefit everyone, especially the poor, he said. Speaking at the ET …

NEW DELHI: Government on Wednesday approved a Mutual Credit Guarantee Scheme aimed towards improving the credit availability for micro, small and medium manufacturing sectors, aligning with the goals set under the Make in India Union Budget 2024-25 for the MSME sector.The scheme will offer 60 per cent guarantee coverage through the National Credit Guarantee Trustee Company Limited (NCGTC) to Member …

NEW DELHI: In an instance of a key Chinese electronics vendor localising its production in India, Chinese telecom equipment company TP-Link has outsourced its production to local contract manufacturer Optiemus Electronics Ltd.The two companies on Monday announced a partnership that will see the Noida-based Optiemus manufacture TP-Link’s networking devices and smart home products.Under the partnership, Optiemus will be manufacturing a …

NEW DELHI: Drone maker Optiemus Unmanned Systems, a wholly-owned subsidiary of telecom and electronics contract manufacturer Optiemus Infracom, partnered with Germany’s LS Spectrum Solutions for marketing, assembly, and distribution of its drone-based spectrum analysis solutions in India.LS Spectrum Solutions is a subsidiary of LS Telecom AG and is a provider of advanced drone-based spectrum analyzers.Optiemus said the partnership will give …