Author name: IntnJeev

India’s diversified contract manufacturer Aequs will soon make its new line of Marvel toys for India as well as for the countries in the Middle East, ET has reported. The toy sector is a small part of the local manufacturing industry India is now trying to build to take advantage of global supply chains shifting […]

New Delhi: The focus of the second phase of ‘Make-in-India’ initiative will be on sectors like drones, toys, robotics, electric vehicle (EV) components and electronics, which have potential for exports and create more jobs, the Ministry of Commerce &… The Department for Promotion of Industry and Internal Trade (DPIIT) is working closely with 24 sub-sectors

NEW DELHI: The department for promotion of industry and internal trade (DPIIT) is working with 24 sub-sectors, including furniture, aluminium, agrochemicals and textiles, to promote domestic manufacturing, boost exports and reduce imports, according to an official statement. The commerce and industry ministry on Tuesday said that since its launch, ‘Make in India’ has made “significant”

Launched in 2014 by Prime Minister Narendra Modi, Make in India aims to transform the country into a global manufacturing hub, enticing both domestic and foreign investments across diverse sectors In a bid to bolster the country’s economic landscape and promote self-sufficiency in manufacturing, the government has been fervently propelling the ‘Make in India’ initiative.

The Indian manufacturing sector is experiencing a surge in investments, marking a significant milestone in the nation’s economic landscape. According to a report by Colliers, this has poised India’s manufacturing market to reach $1 trillion by 2025-26, with Gujarat becoming India’s manufacturing powerhouse, followed by Maharashtra, then Tamil Nadu. India’s manufacturing sector has experienced remarkable

Exports of manufacturing-based products have increased significantly due to the Make-in-India programme, leading to a huge growth in employment opportunities in the country, Union Minister Ashwini Vaishnaw said on Thursday. The Railways, Communications and Electronics & IT Minister told reporters here that earlier the services sector used to dominate the export figures, but pharmaceuticals, mobile

Talking about the growth in the manufacturing sector, the Minister said that the sector has contributed massively to enhancing exports, where exports stood at $762 billion in the previous fiscal year. Make in India was launched to transform the economy and the initiative has been very successful in achieving that, the Electronics and Information Technology

More than half a percentage of India’s total export in FY23 was merchandise exports, followed by services exports. However, it used to be mostly services 10-15 years ago, said Electronics and Information Technology Minister Ashwini Vaishnaw while highlighting the success of Make in India.He also called the boost to export due to manufacturing a major

Union Minister Ashwini Vaishnaw on Thursday said that India will soon reach one trillion dollar exports while lauding the ‘Make in India’ project started by Prime Minister Narendra Modi. “We will soon be ready for $1 trillion in exports and the foundation behind this is manufacturing,” said Vaishnaw. https://www.business-standard.com/economy/news/india-to-soon-be-ready-for-1-trn-exports-vaishnaw-on-make-in-india-goal-123120700890_1.html