Make in India

March 26, 2025 2:22 PM

From 2 million to 28 million: how India’s automobile sector transformed in three decades

India’s automobile industry has witnessed remarkable growth over the past decade, driven by policy reforms, infrastructure advancements, and a strong push for domestic manufacturing. A key catalyst in this transformation has been the Make in India initiative. Launched in 2014, the initiative has fostered greater localization, innovation, and positioned India as a major global automotive hub. The sector has attracted substantial investment, boosted production, and made significant strides in e...

March 25, 2025 10:30 AM

India’s defence production surges to Rs. 1.27 lakh crore in FY 2023-24, exports cross Rs. 21,000 crore mark

India’s defence production hit a record Rs. 1.27 lakh crore in FY 2023-24, marking a 174% rise since 2014-15, driven by the Make in India initiative. Defence exports also saw a significant boost, reaching Rs. 21,083 crore, a 30-fold increase in the last decade, with exports now spanning over 100 countries, according to an official statement from the Ministry of Defence on Monday. This unprecedented growth has been fuelled by strategic initiatives like iDEX and SAMARTHYA, which are propelling ...

February 11, 2025 1:14 PM

DRDO unveils indigenous technologies at Aero India 2025

The Defence Research and Development Organisation (DRDO) is showcasing cutting-edge technologies and innovations at the 15th edition of Aero India, taking place from February 10-14 at Air Force Station Yelahanka in Bengaluru. The event, which aims to integrate stakeholders of India's defence R&D ecosystem, features a wide range of DRDO-developed systems, including working models, full-scale prototypes, and interactive displays across various formats such as indoor pavilions, outdoor exhibit...

December 20, 2024 10:23 AM

Putin once again hails strength of India’s growing economy under PM Modi

Russian President Vladimir Putin on Thursday once again acknowledged India's growing economic prowess while highlighting his government's continued efforts to keep the overall economic situation in the country normal and stable despite the long and ongoing conflict with Ukraine. "International financial and economic institutions have placed Russia first in Europe in terms of economic volume, purchasing power parity, and fourth in the world. Ahead are China, the United States, and India." "We o...

September 25, 2024 5:47 PM

Manufacturing sector to account for 25% of India’s economy by 2047: Piyush Goyal

On the 10th anniversary of the 'Make in India' initiative, Union Minister of Commerce and Industry, Piyush Goyal, outlined the country's future growth trajectory, with manufacturing set to play a central role. Speaking on Wednesday, Goyal projected that by 2047, the manufacturing sector’s contribution to the Indian economy would rise to 25%. "As we move forward in Amrit Kaal, India will steadily grow its manufacturing base to cater to both domestic and global demand. By 2047, the sector's sha...

September 16, 2024 5:06 PM

UAE Business Leaders React Positively to India’s Union Budget 2024-2025

Today we are bringing you a special report on the reactions to India's Union Budget 2024-2025 from the United Arab Emirates. As India unveils its financial roadmap for the coming year, we're seeing a flurry of responses from key business leaders and organizations in the UAE, highlighting the deep economic ties between these two nations. Let's start with Sanjeev Dutta, CEO of the UAE India Business Council-UAE Chapter. Dutta has hailed the budget as a significant milestone, praising its commitme...

September 16, 2024 6:06 PM

India-Russia agreement has provided stability to global fuel market: PM Modi

During a bilateral meeting with Russian President Vladimir Putin on Tuesday, Prime Minister Narendra Modi praised the fuel agreement between India and Russia, stating it has brought stability to the global market. PM Modi emphasized the long-standing ties between the two nations, noting that he has met with Putin 17 times in the last decade. This meeting comes amid ongoing Western sanctions on Russia due to the Ukraine conflict, which began in 2022. India has continued to purchase Russian oil, ...

September 16, 2024 5:55 PM

Google to manufacture Pixel Phones in Tamil Nadu, says CM MK Stalin

Tamil Nadu Chief Minister M.K. Stalin announced on Friday that Google will soon commence local production of its flagship Pixel smartphones in the state. The manufacturing facility will be set up near Chennai in collaboration with Foxconn, a leading contract electronics manufacturer. Addressing the media, Stalin revealed that the state's Industry Minister TRB Raja had visited Google's US headquarters along with Foxconn officials to discuss the prospect of establishing a manufacturing unit in Ta...