Indian smartphone industry gaining momentum: Reports
Apr 03, 2023, at 10:39 pm
Industry experts believe that Indian smartphone export is likely to have crossed USD 10 billion (over Rs 82,000 crore) in the just-ended financial year 2023.
India likely to manufacture 50 pc of all iPhones produced globally by 2027: Report
Jan 18, 2023, at 05:41 am
Beijing/New Delhi: India is expected to assemble 50 percent of all the iPhones manufactured by 2027, a big leap from its current share of less than 5 percent, to be at par with the scale of production in mainland China, according to media reports.
Indian govt likely to consider JVs with Chinese firms to help global firms produce in India
Dec 31, 2022, at 04:06 am
New Delhi/IBNS: The government may consider reviewing Chinese investments in India to facilitate multinational companies shift their manufacturing operations to India, CNBC TV18 reported.
More FDI in services than manufacturing despite Centre's Make-in-India push
Dec 28, 2022, at 11:05 pm
New Delhi/UNI: Foreign direct investment (FDI) into India's services sector rose to US$ 153.01 bln in the April 2014 to March 2022 period from US$ 80.51 bln during April 2000 to March 2014, rating firm India Ratings and Research (Ind-Ra) said in a report on Wednesday.
Oct 28, 2022, at 01:35 am
Poll-bound Gujarat has bagged a mega Tata and Airbus Defence military transport plane project worth a whopping Rs 22,000 crore, or 2.66 billion dollars, the Ministry of Defence said Thursday.
Indian Railways floats tender inviting pvt players to make 80,000 wheels annually
Sep 10, 2022, at 05:11 am
The India Railways Friday floated tender inviting bids from private players for setting up a wheel plant with a capacity of manufacturing at least 80,000 wheels annually, according to media reports.
Amazon doubles exports pledge, to now enable $20 billion in exports from India by 2025
May 04, 2022, at 10:36 pm
Kolkata/UNI: Amazon on Wednesday unveiled the Exports Digest 2022 and announced that cumulative exports by Indian exporters on the Amazon Global Selling program are on track to surpass the $5 billion milestone.
We will achieve 70 percent Made in India products by 2025: Kutchina MD
Dec 30, 2021, at 11:20 pm
IBNS Correspondent Nitin Waghela catches up with Areyan Bajoria, Managing Director of Kutchina, to understand the kitchen brand's growth strategy and the latest trends taking place in the world of Indian kitchen market.
HP starts manufacturing laptops, desktops in India
Dec 23, 2021, at 08:56 pm
Technology major HP announced the expansion of its Make in India product portfolio as it commenced manufacturing laptops, desktops and monitors at its facility near here, the company said on Wednesday.
Apple starts manufacturing its flagship model iPhone 11 in India
Jul 24, 2020, at 10:25 pm
Chennai/IBNS: Apple has started manufacturing one of its flagship devices, the iPhone 11, at Chennai’s Foxconn plant, a development being viewed as a major achievement for government's "Atmanirbhar Bharat (Self-Reliant India)" campaign.
Country of origin on products sold on e-commerce sites mandatory: Centre to Delhi HC
Jul 24, 2020, at 06:12 am
New Delhi/IBNS: The Centre has informed Delhi High Court that the e-commerce platforms have to mention the country of origin of the products sold on their platforms under the Legal Metrology (Packaged Commodities) Rules, 2011
CREDAI West Bengal says using local products in real estate sector will boost economy
Jun 23, 2020, at 08:12 pm
Kolkata/IBNS: Sushil Mohta, president of Credai West Bengal, recently said that the organisation has urged its members to refrain from using imported Chinese goods in the construction sector they serve in the wake of the Indo-China border crisis and use locally manufactured products instead.
Union Budget proposes Strengthening MSMEs to boost Make in India
Jul 05, 2019, at 04:27 pm
New Delhi, July 5 (IBNS): “Make in India”, with particular emphasis on Micro, Small and Medium Enterprises, is one of the major focus areas of the Union Budget this year. Delivering her budget speech in Parliament today, Union Minister of Finance and Corporate Affairs Nirmala Sitharaman announced various proposals aimed at strengthening the sector.
SAIL supplied 43,000 tonnes of steel for the recently inaugurated Eastern Peripheral Expressway
May 28, 2018, at 10:30 pm
New Delhi, May 28 (IBNS): Steel Authority of India Ltd (SAIL) supplied 43000 tonnes of steel for the recently inaugurated Eastern Peripheral Highway (SAIL), India's leading steel and steel products manufacturer, has supplied the steel required for the building of the Eastern Peripheral Highway that was inaugurated by Prime Ministet Narendra Modi on Sunday.
America First and Make in India are not incompatible: US Ambassador to India Juster
Feb 08, 2018, at 11:11 pm
Kolkata, Feb 8 (IBNS): US Ambassador to India Kenneth I. Juster on Wednesday said America First and Make in India, the trade goals of the US and India respectively, are not incompatible.
Italy signs MoU with tanners' association from Bengal at BGBS
Jan 17, 2018, at 05:56 pm
Kolkata, Jan 17 (IBNS): The Italian delegation to the Bengal Global Business Summit -- being held in Kolkata -- signed a Memorandum of Understanding (MoU) with a city-based association, on the eve of the summit.
Bureau of Indian standards (BIS) Act 2016 brought into force with effect from October 12, 2017
Oct 14, 2017, at 07:54 pm
New Delhi, Oct 14 (IBNS): A new Bureau of Indian standards (BIS) Act 2016, which was notified on March 22, 2016, has been brought into force with effect from October 12, 2017, the Union Ministry of Consumer Affairs, Food & Public Distribution, said in a release on Saturday.
Indian gem and jewellery industry finds Make in India campaign encouraging
Mar 28, 2017, at 07:31 pm
Kolkata, March 28 (IBNS): Impact of Goods and Services Tax (GST) on the gem and jewellery sector, charges applied on credit or debit card purchases and demonetisation effects were some of the key issues discussed at the Preferred Manufacturer of India (PMI) programme recently held in Kolkata.
Large imports of items like electronics run counter to Make in India, finds ASSOCHAM analysis
Mar 06, 2017, at 10:42 pm
New Delhi, Mar 6 (IBNS): For success of its flagship programme to boost manufacturing within the country, the government’s Make in India should first target high import intensive items like electronic goods, machinery, steel and transport equipment which together add close to USD nine billion or over 27 per cent of the country’s monthly import bill, according to an ASSOCHAM analysis.
West Bengal: IIT Kharagpur holds Global Entrepreneurship Summit 2017
Feb 06, 2017, at 06:29 pm
Kharagpur/Kolkata, Feb 6 (IBNS): The Global Entrepreneurship Summit 2017, the largest student-level entrepreneurial summit in India, organised by IIT Kharagpur here on Feb 4, served as a networking platform for budding entrepreneurs, industry leaders and investors.
Indian market gain on Wednesday, World Bank estimates 2017 global growth to rise 2.7 per cent
Jan 11, 2017, at 09:44 pm
Mumbai, Jan 11 (IBNS): The Indian market closed on positive note on Wednesday with BSE Sensex up 240.85 points at 27140.41 and NSE Nifty up 92.05 points at 8380.65.
Apple to set up a production unit in Bangalore?
Dec 30, 2016, at 04:29 pm
Bangalore/Cupertino, Dec 30 (IBNS): Tech giant Apple looks set to open a production unit in Bangalore, reports said.