Make in India initiative

10 Years of ‘Make in India’ initiative reach new heights in 2024

A decade after its launch, the ‘Make in India’ initiative has reached significant milestones in 2024. With Rs.1.46 lakh crore in investments, the initiative generated Rs.12.50 lakh crore in production, Rs.4 lakh crore in exports, and created 9.5 lakh jobs by August. Since 2014, India attracted $667.41 billion in FDI, representing nearly 67% of total FDI over 24 years. Sectors like electronics, pharmaceuticals, and food processing saw substantial growth, with exports crossing Rs.4 lakh cro...

September 28, 2024 1:39 PM

Tata to manufacture 150 DRDO-developed WhAP armoured vehicles for Morocco

In a significant achievement for the Make in India initiative, Tata has secured a contract to manufacture 150 Wheeled Armoured Platform (WhAP) combat vehicles for the Moroccan defense forces. According to defense officials, the contract was formalized between the Indian firm and Morocco, marking a pivotal step in enhancing military collaboration. The WhAP vehicles were developed by the Vehicles Research and Development Establishment (VRDE) in collaboration with Tata. The contract stipulates th...