The CAPFs - CRPF, BSF, CISF, ITBP, SSB, NSG and Assam Rifles - canteens together sell products worth about Rs 2,800 crore annually
The IAF chief has been associated with the indigenous trainer aircraft project for a long period now as he had assured full support to it since he was the deputy chief of air staff.
EFA's indigenisation efforts have resulted in savings to the exchequer of Rs 3.3 million for each T-90 engine and Rs 975,000 for each T-72 engine
Made in India is floundering on Dalal Street. The market capitalisation share of export-intensive sectors is down to a five-year low of 17.6 per cent, from a record high of 23.9 per cent at the end of FY16. The decline has been led by information technology (IT) companies and pharmaceuticals, two of corporate India's biggest exporters. Software exporters such as Tata Consultancy Services, Infosys and Wipro now account for 9.7 per cent of the combined market capitalisation, a seven-year low and down 450 basis points (bps) from their high at the end of FY14. The decline for pharma exporters such as Sun Pharmaceutical, Lupin and Dr Reddy's is more recent, with the sector market cap share falling by 240 bps from their high at the end of FY16. One bps is a hundredth of a per cent (see chart).Once the second biggest sector on Dalal Street in market capitalisation, behind banks & financials, IT companies now trail consumer goods makers, basic material producers (metal, mining & ...