Modi’s ‘Make in India’ a success: Moody’s atings agency Moody’s has said that net foreign direct investment (FDI) inflows have hit an all-time high in early 2016, highlighting the success of Narendra Modi’s ‘Make in India’ initiative. The ratings agency said that the FDI inflows have more than financed the current account deficit (CAD) for […]
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We tell foreign investors you can come and start building your factory in 15 days: Arun Misra, Tata Steel SEZ The Tata group, which controls more than 100 operating companies, has showcased just about half a dozen of them at its pavilion at Make in India week in Mumbai. Evidently, space is a constraint at
Modi Vows to Ensure Friendlier India for Foreign Factories Prime Minister Narendra Modi pledged to untangle India’s byzantine regulations and stay away from retrospective taxation as he looks to boost manufacturing and create jobs in the world’s second-most populous country. Speaking to an audience in Mumbai on Saturday that included Swedish Prime Minister Stefan Loefven
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Make In India Week Curtain Raiser India’s commercial capital is geared up for Make in India Week, a flagship event to provide greater momentum to the Make in India initiative, to showcase to the world the achievements of the nation in its manufacturing sector and to promote India as preferred manufacturing destination globally. Set against
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Make in India: HAL’s 25 kN aero engine finishes debut run In a boost for India, the inaugural run of the core of 25 kN indigenous Aero Engine (Hindustan Turbo Fan Engine – HTFE 25) was successfully completed in the presence of Defence Minister Manohar Parrikar at HAL’s Engine Division on Monday. Also known as
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Japan to set up financial facility for ‘Make in India’ initiative Japan will set up a new financial facility worth 1.5 trillion yen ($12 billion) under the “Make in India” initiative to promote direct investment of Japanese companies and trade from Japan to India, it was announced on Saturday. A joint statement issued following talks
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Railway plants in Bihar to boost manufacturing, jobs: FM Arun Jaitley Marking the first big FDI in the railway sector, the Indian Railways today signed Rs 40,000-crore contracts with GE and AlstomBSE 2.31 % to set up two locomotive plants in Bihar with a view to boosting manufacturing and employment in the state. Terming it
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Wellness SUMMARY 2nd largest exporter of ayurvedic and alternative medicine in the world. INR 162 Billion industry by 2014. INR 490 Billion wellness market. 6200 indigenous herbal plants. REASONS TO INVEST India has an unmatched heritage represented by its ancient systems of medicine which are a treasure house of knowledge for both preventive and curative
Tourism-Hospitality SUMMARY 6.8% of India’s GDP. USD 18.13 Billion in foreign exchange earnings. 1 Billion domestic travellers. 30 world heritage sites. 6.97 Million foreign tourists in 2012-13. 21 hotel management institutes. 78 jobs with every USD 1 Million invested. 25 bio-geographical zones. REASONS TO INVEST Tourism in India accounts for 6.8% of the GDP and
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Thermal-Power SUMMARY 123 Billion Tonnes of proven coal reserves. 1,355 Billion Cubic Metres of proven natural gas reserves. 5th largest producer of electricity. 5th largest consumer of electricity. 100% FDI permitted under automatic route in the power sector. REASONS TO INVEST The government is targetting a capacity addition of 88.5 GW during 2012-17 and 86.4