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Government Approves Domestic Manufacturing Of Air Conditioners, LED Lights
The government has approved the production-linked incentive (PLI) scheme worth Rs 6,238 crore for air conditioners, LED lights sectors on April 7. Reportedly, the companies engaged in the manufacturing of ACs and LED lights will benefit by 4-6% increment on sales of goods manufactured in India for five years. The nationwide scheme will increase domestic manufacturing, said the Commerce and Industry Minister Piyush Goyal.
Tags: Air Conditioner, LED, make in india, bussiness
Courtesy: Hindustan Times
Photo: News24 Hindi
Army Major Makes World's First Flexible Bulletproof Jacket 'Shakti'
Indian Army Major Anoop Mishra has successfully developed the world’s first flexible bulletproof jacket 'Shakti' that be worn by both women and men. The universal ballistic jacket has been designed to absorb the impact of bullets and reduce their penetration to the human torso. Earlier, Minister of State for Defence Shripad Naik had appreciated the vest that is capable of protecting the personnel from explosives.
Tags: Defense, Indian Army, Bulletproof jackets , make in india
Courtesy: The Free Press Journal
Photo: Free Press Journal
Army Displays India's First Native Machine Pistol 'ASMI'
India’s first native machine pistol ASMI was displayed at the Indian Army’s innovation exhibition on January 13. The indigenously developed gun has been built in collaboration between the Defence Research and Development Organisation (DRDO) and the Army. Compared to the Israeli Uzi guns, ASMI can fire at a range of 100 metres. ASMI would be likely inducted to replace the 9mm pistols employed in the defence forces.
Tags: DRDO, Indian Army, Army, ASMI, make in india
Courtesy: Times Now News
Photo: IndiaTV News
PM Modi Promises Automated Metro To More Than 25 Cities By 2025
While inaugurating the fully automated metro train, Prime Minister Narendra Modi has promised to enable metro services to more than 25 cities by 2025. Moreover, he said that the Make in India scheme has helped to reduce the costs by indigenous metro coach production. PM Modi added that Metro Neo projects would be established in… read-more
Tags: PM Narendra Modi, Metro, make in india
Courtesy: Hindustan Times
Photo : New Indian Express
Amazon India Introduces Toy Store To Promote Domestic Sellers
To support traditional Indian products and local artisans, Amazon India on November 18 decided to launch 'Made in India' Toy Store. The store will showcase toys from 15 Indian states in three different categories - traditional toys, handmade toys and educational toys. The company's vice-president Manish Tiwary said, “This store reinforces Amazon.in’s commitment to nurture and support local talent". Earlier, the company had organised a… read-more
Tags: Amazon, Toy Store, Handicraft, make in india
Courtesy: Hindustan Times
Photo: YouTube
Micromax Makes A Comeback In Smartphone Market With 2 New Models
Making an official comeback, Indian mobile manufacturer Micromax on November 3 launched two new devices in the smartphone market. Co-founder of the company, Rahul Sharma, said that the launched devices, 'IN Note1' and 'IN 1b', are more affordable and "performance-oriented" products than the Chinese ones. 'IN Note1' will start from Rs 10,999 while 'IN 1b' will cost Rs 6,999. The devices will be available for sale from November 24 and 26… read-more
Tags: Mircomax, Atmanirbhar, make in india, Technology
Courtesy: The Hindu
Photo: Israel Ministry of Foreign Affairs
Israeli Company Selected To Manufacture Goods In India
Israeli company, NeoLync has been selected by the Ministry of Electronics and Information and Technology (MeitY) for manufacturing electronic goods in India. The Israeli Ambassador Ron Malka has expressed happiness over the selection and said that Israel stands by PM Modi's 'Atmanirbhar Bharat' vision. Speaking about ties between the countries, he said, "Israel and India don’t compete with each other, they complete each other." Reportedly,… read-more
Tags: Israel, India, Aatmanirbhar Bharat, make in india
Courtesy: Hindustan Times
Photo: Dailyhunt
International Monetary Fund Terms 'Atmanirbhar Bharat' an 'Important Initiative'
The International Monetary Fund (IMF) on September 24, stated ‘Atmanirbhar Bharat’ as an ‘important initiative’ to support Indian economy and prevent downside risks. Speaking about India's ‘Make for the World’ goal, Gerry Rice, director-communication department, IMF, said India has to focus on policies that “integrate India in the global value chain, including through trade, investment and technology.” He added that ‘comprehensive structural… read-more
Tags: Atmanirbhar, Atmanirbhar India initiative, make in india, International Monetary Fund
Courtesy: Hindustan Times
Photo: The Indian Express
Latest iPhone to be Manufactured in India, Assembling Begun
Apple confirms, the iPhone XR, iPhone 11 and the latest iPhone SE 2020 are set to be manufactured in India. Reportedly, the tech giant has already begun assembling the iPhone SE 2020 in Karnataka, at Apple's Wistron Plant. Touted to be the most pocket-friendly phone, iPhone SE 2020 which is set to go on sale soon, will accelerate the "Make in India" campaign.
Tags: iphone 11, iPhone SE 2020. iPhone XR, Apple, make in india
Courtesy: India Today
Rahul Gandhi Claims Chinese Imports have Increased Under BJP Rule
As the government calls for the ban on Chinese products, Congress leader Rahul Gandhi slammed the Modi government on Twitter, claiming imports from China have increased under the BJP-led NDA regime. ÔÇ£Facts don't lie. BJP says: Make in India. BJP does: Buy from China,ÔÇØ he wrote. He also attached a graph showing how imports from China were 12 -13 percent under the Congress-led UPA government and now it is 17 -18 percent.
Tags: Chinese imports, BJP Government, Rahul Gandhi, make in india, Twitter
Courtesy: ANI