The Tata Group will set up a semiconductor manufacturing plant in Assam's Jagiroad with an investment of ₹27,000 crore. The facility will put the northeastern state on the global map, renowned industrialist and philanthropist Ratan Tata said on March 20.
21 Mar 2024The Indian Navy on Wednesday got its first indigenous medium-altitude long-endurance (MALE) drone, the Drishti 10 Starliner unmanned aerial vehicle (UAV), which will boost its intelligence, surveillance, and reconnaissance capabilities.
15 Jan 2024Join us as we delve into India's ambitious journey towards self-reliance in defense manufacturing and its impact on the global military hardware landscape. India's phased import ban on around 1,000 military items, spanning fighter jets, warships, and ammunition, marks its fourth push towards indigenization in defense. Discover how this initiative is reshaping India's defense landscape, promoting domestic production, and reducing import dependence. Explore the strategies employed, including the Make in India initiative and collaboration with MSMEs and private industry, to stimulate the economy and increase defense investment. Uncover India's parallel efforts to position itself as a military hardware exporter, with a tenfold increase in exports in recent years. From missiles and surveillance systems to combat aircraft and radar systems, India's export offerings hold significant potential. Don't miss this insightful analysis of India's defense manufacturing revolution and its far-reaching implications for self-reliance and the global defense market.
14 Jul 2023The government has made sustained efforts to implement ease of doing business and ease of governance initiatives. These efforts aim to facilitate the delivery of citizen-centric services
1 min read3 Jul 2023During PM Modi’s ongoing U.S. visit India’s semi conductor chip manufacturing plans seem to be coming together. PM's meetings with Micron President & CEO Sanjay Mehrotra & Gary E. Dickerson, CEO Applied Materials have successfully attracted investment promises. This was especially crucial because despite India’s big policy push India’s semiconductor chip manufacturing plans are yet to yield results a year and a half later. Watch to find out how these deals will prove to be a game changer for India's chip manufacturing plans.
23 Jun 2023In the coming years, growth-equity investor General Atlantic plans to make up to $1 billion in fresh investments in India a year, putting its money on companies that would benefit from Prime Minister Narendra Modi's initiatives to promote financial inclusion and boost technology adoption.
9 May 2023The MSME loan guarantee is aimed at relatively better off firms that had a good credit standing in March
4 min read20 Oct 2020In order to have a complete control over the end-to-end manufacturing value chain for essential medical supplies and to become a fully capable manufacturer of PPE kits, India needs to indigenize the production of critical equipment and machineries
3 min read19 Oct 2020The programs of Prime Minister Narendra Modi’s government have incorporated the teachings of Mahatma Gandhi to create an environment that enables the poor and farmers to gain self-reliance and live with dignity.
4 min read2 Oct 2020Though covid couldn’t have come at a worse time, it presents an opportunity for India to undertake wide-ranging reforms to become self-reliant. But this doesn’t mean shutting out global trade. Rather, we need to expand ties to strengthen our economy and be able to take care of ourselves and others.
5 min read9 Sep 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared