Top Business leaders who met PM Modi in Singapore today included CEOs of Blackstone Singapore, Temasek Holdings, Sembcorp Industries Limited, CapitaLand Investment, ST Telemedia Global Data Centers, and Singapore Airways among others.
PM Modi inaugurated three new Vande Bharat trains via video conferencing on August 31, according to a statement from the Ministry of Railways. These state-of-the-art trains will enhance connectivity on three crucial routes: Meerut City-Lucknow, Madurai-Bengaluru, and Chennai Egmore-Nagercoil.
SCO Summit: According to a statement from the Ministry of External Affairs, Prime Minister Modi highlighted that with 130,000 startups in India, including 100 unicorns, India's experience could be valuable to others.
Following general elections, several 'Made in India' projects are lined up aimed at modernizing India's defence sector. As per the defence sources, the proposal to buy K-9 Vajra self-propelled howitzers and engines for fighter jets is on the Centre's agenda. Watch to know more!
Hyundai Motor Group's CEO who recently visited India has unveiled a plan to strengthen its operations in India, aiming to utilize it as a pivotal export hub for the South Korean automaker. The announcement surfaced on Thursday when the CEO officially disclosed the strategic plan.
For the first time, India will post defence attaches in several countries including Ethiopia, Mozambique, Ivory Coast, Philippines, Armenia and Poland in line with its broader policy initiative to expand strategic ties with key regions, a move that comes amid renewed geopolitical rivalries.
India's IT Minister Ashwini Vaishnaw unveils a comprehensive plan to establish a self-sufficient semiconductor ecosystem, aligning with PM Modi's Make in India initiative. The strategy includes nurturing talent, empowering universities with cutting-edge tools, and promoting research and development.
Earlier today, in a landmark achievement for India’s defence sector, two mega facilities to manufacture ammunition and missiles were inaugurated in Uttar Pradesh's Kanpur.
The government is considering expanding the Production-Linked Incentive (PLI) scheme in the upcoming interim budget, aiming to boost the manufacturing sector and employment. Sectors like garments, jewellery, and handicrafts may be included in the PLI scheme, currently available for 14 sectors.
Boeing said it has invested Rs 1600 crore ($200 million) in the Bengaluru campus, which is spread across 43 acres. Boeing currently employs more than 6,000 people in India across its various centers.
The company has acquired six adjacent industrial plots, totaling 38,054 square meters, to establish a greenfield manufacturing facility for PVC pipes and fittings.
Apple is reportedly shifting iPhone production to India, aiming for over 50 million units annually within two to three years, marking a significant move away from China.
Intel is committed to enabling access and opportunities for the technological ecosystem in India. The Indian IT product manufacturers will continue collaborating with the industry, government, and start-up community to create a positive impact for the country.
Earlier this month, ASUS also introduced an affordable Chromebook CX1 series in India, featuring 14 and 15-inch lightweight and eco-friendly models. The ASUS Chromebook CX1400 and CX1500 are priced starting at Rs 21,990.
Prime Minister Modi launched the "Make in India" campaign in 2014 to facilitate investment, foster innovation, enhance skill development, protect intellectual property & build best-in-class manufacturing infrastructure.
According to the Confederation of Indian Industry, the capital goods sector is the base of many industries and thus is an essential component of manufacturing. It contributes around 12 per cent of the total manufacturing output and more than 1.5 per cent to GDP.
According to a statement, the total order value of Rs 560 million will drive the topline in the coming quarters of the current financial year.
In a release, the Hyderabad--based firm said that the plan is to invest around Rs 300 crore to open 150 new outlets in the next two years. This will mark a major win for the Modi government's 'Make in India' programme.
Between 2014 and 2022, mobile phone shipments under the 'Make in India' initiative reached over 2 billion units, reflecting a 23% compound annual growth rate (CAGR), as indicated by recent research on Monday.
The rollout of smart meters will help in achieving efficiency, minimising waste and improving the supply.
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