Page 10 - Make In India

Xiaomi seeks incentives to boost exports, clarity on proposed tax rules

Xiaomi India COO Muralikrishnan B also pointed out that if the Indian government can also get neighbouring countries to accept BIS standards, it would help push exports from India

About 99% of phones Xiaomi sold in India were made in the country, says COO

Xiaomi phones in India are manufactured mainly by Taiwanese giant Foxconn, also known as Hon Hai Precision Industry Co. Ltd

China's Vivo expands mobile production capacity in India to 33.4 mn/year

The company is also planning to start the next phase of mobile manufacturing expansion from mid-2020

'Make in India' has become 'Buy from China': Rahul hits out at govt on RCEP

Asserting that "Make in India" has become "Buy from China", Congress leader Rahul Gandhi on Monday hit out at the RCEP and alleged that the proposed free trade deal will flood the country with cheap goods, resulting in millions of job losses and crippling the economy. Gandhi's takedown of the proposed trade agreement came as Prime Minister Narendra Modi was in Bangkok where negotiations for the long-overdue Regional Comprehensive Economic Partnership (RCEP) was heading towards finality. "'Make in India' has become 'Buy from China'. Each year we import Rs. 6,000 worth of goods from China for every Indian! A 100 per cent increase since 2014," the former Congress chief said in a tweet. "RCEP will flood India with cheap goods, resulting in millions of job losses & crippling the Indian economy," Gandhi said. His remarks come two days after Congress president Sonia Gandhi launched a blistering attack on the government's economic policies and said signing the RCEP agreement will deal a ..

Will prepare blueprint for companies moving out of China: FM Sitharaman

She said industry leaders who are contemplating getting their businesses out of China are 'definitely considering India is the pitch'

Self-reliance in defence is a long way away

Two categories of Make in India are underway in the defence sector

RCEP should not lead to job losses, hurt Make in India: Automakers lobby

SIAM has been maintaining that free trade agreements with competing countries do not benefit Indian automobile industry

Govt plans to constitute working group on proposed new industrial policy

The DPIIT had initiated the process of formulation of a new industrial policy in May 2017

Letter to BS: Economic slowdown prompts govt to cut corporate tax

The rate cut is aimed at luring foreign companies that are winding up their facilities in China as a result of US-China trade war

Govt may invite foreign firms to set up rail-making units in India

The government is likely to ask for an Expression of Interest from global companies

Impetus to Make in India, claims PM Modi; Oppn says it's timed for US visit

Congress leader Rahul Gandhi alleged the cut has been announced with the objective of making PM's Houston 'jamboree' a success

Russia, already India's biggest arms supplier, in line for more

$12 billion of Make In India projects in hand, Moscow eyeing $25 billion more

New FDI norms: Govt plans mega meet to fast-track Make in India

Telecom and IT minister Ravi Shankar Prasad has invited all stakeholders in the handset industry for a meeting next month to clear any doubts on the contract manufacturing policy, says sources

Samsung Galaxy Note10, Note10 Plus launched: Price, specs, features, & more

The Samsung Galaxy Note10 and Galaxy Note10 Plus are currently available for pre-orders, with up to Rs 6,000 cashback on HDFC and ICICI cards, at select retail outlets and online portals

Govt tenders worth Rs 25k-cr cancelled, modified for Make in India products

A tender worth Rs 8,000 crore was withdrawn and re-issued at the intervention of Department for Promotion of Industry and Internal Trade.

High indirect taxes are hurting exports, Make in India initiative: Experts

Exports of goods and services accounted for just 6.9 per cent of India's GDP in 1990-91 and they grew by record high of 25.4 per cent in FY14

How duty hike may affect the strategy of global phone makers in India

There's a fear that global smartphone manufacturers might seriously consider shifting focus on other markets

In Sitharaman's first Union Budget, the focus is on Make in India

The priority to ease of doing business and measures against tax malpractices should widen the country's tax base, but implementation will be key to success

Budget focuses on production and Make in India, not lowering pollution

A more flexible and risk-taking government is perhaps the most important precondition for maneuvering through challenges

Budget 2019: FM eases sourcing local norms, opens doors to Apple Stores

Aiming to attract big players, single-brand retail firms may be permitted to open online stores before setting up brick-and-mortar shops if they bring in over $200 mn FDI