Make In India News - Latest Updates & Headlines
Airbus selects Mahindra Aerostructures for manufacturing H130 helicopter fuselage- A 'Make in India' Milestone
New Delhi, April 9: Mahindra Aerostructures (MASPL), a part of the Mahindra Group, has been awarded a contract by Airbus Helicopters to manufacture and assemble the main fuselage of its H130 light single-engine helicopter with assemblies to be delivered to Airbus Helicopters' facility in Europe starting March 2027, marking a major milestone for India's 'Make in India' initiatives.
Mahindra-Airbus collaboration a boost to 'Make in India' initiative: Civil Aviation Minister
New Delhi, April 9: The partnership between Airbus and Mahindra Aerostructures marks a significant milestone in India's aviation manufacturing journey and gives a major push to the government's 'Make in India' initiative, Union Civil Aviation Minister Ram Mohan Naidu said on Wednesday.
India's mobile phone exports surpass Rs 2 lakh crore: Ashwini Vaishnaw
New Delhi, April 8: India's smartphone exports have reached a historic milestone, crossing Rs 2 lakh crore in the previous fiscal year 2024-25, announced Ashwini Vaishnaw, Minister of Electronics and Information Technology, during a press conference here on Tuesday.
IndianOil to set up petrochemicals complex at Paradip for Rs 61,077 crore, signs MoU
New Delhi, April 8: Indian Oil Corporation Ltd (IndianOil) has signed a Memorandum of Understanding with the Odisha government to set up a world-class petrochemical complex at Paradip.
Indigenous wireless EV charger capable of 90 pc charge in 3 hours to be launched soon: Govt
New Delhi, April 7: An indigenously developed wireless charger for electric vehicles (EVs), capable of charging up to 90 per cent in around three hours, is set to be commercialised soon, the government announced on Monday.
BEL bags Rs 2,385 crore deal to supply electronic warfare suites for IAF choppers
New Delhi, April 7: The Ministry of Defence has signed a Rs 2,385.36 crore contract with Bharat Electronics Limited for the acquisition of Electronic Warfare (EW) Suites and aircraft modification kits as well as their installation on Mi-17 V5 helicopters, along with associated equipment, for the Indian Air Force, according to an official statement issued on Monday.
HMEL crosses landmark milestone of 2 million tonne Polymer sales during FY25
New Delhi, April 4: Oil refining and petrochemical company HPCL-Mittal Energy Limited (HMEL) said in a statement on Friday that it achieved a 2 million tonne polymer sale during the just-concluded financial year 2024-25, surpassing its own expectations.
South Korea eyes major investments in India in coming years: Envoy
New Delhi, April 4: South Korea is looking to double or even triple its investments and business activities in India in the coming years, Ambassador of the Republic of Korea to India, Lee Seong-ho, said on Friday.
South Korean diagnostics firm Boditech Med inaugurates plant at Jhajjar MET City
Jhajjar, April 4: Boditech Med Inc, a leading South Korean multinational diagnostics major, has inaugurated its plant at Model Economic Township in Haryana's Jhajjar.
Indian Railways clocks 9 pc growth in coach manufacturing in FY25
New Delhi, April 4: The Indian Railways has achieved a significant milestone in FY25 by manufacturing 7,134 coaches, registering a 9 per cent growth from 6,541 coaches in the previous fiscal (FY24).
US tariffs a chance to boost 'Make in India', empower MSMEs: PHDCCI CEO
New Delhi, April 3: Amid concerns over the US reciprocal tariffs, Ranjit Mehta, CEO of the PHD Chamber of Commerce and Industry (PHDCCI), said on Thursday that this is an opportunity for India for high-quality production and global expansion under the 'Make in India' and 'Atmanirbhar Bharat' initiatives.
Indian Railways achives milestone: Coach production rises 9% to 7,134 in FY 2024-25
New Delhi, April 3: Indian Railways has achieved a significant milestone in the financial year 2024-25 by manufacturing 7,134 coaches, marking a 9 per cent increase from the previous year's production of 6,541, with special emphasis on non AC coaches with production of 4,601, catering the needs of common man.
Resilient economy: India's GDP to see marginal 0.1 pc impact due to US tariffs
New Delhi, April 3: The PHD Chamber of Commerce and Industry (PHDCCI) on Thursday said that owing to India’s price competitiveness and supportive government policies, it expects GDP to see only a marginal 0.1 per cent impact amid the recently announced US reciprocal tariffs.
Nestle lays foundation stone for Odisha plant, its 10th in India
New Delhi, April 3: Food and beverage maker Nestle India has laid the foundation stone for its upcoming factory in Khordha, Odisha. Chief Minister Mohan Charan Majhi attended the groundbreaking ceremony.
India surpasses US, Europe by producing 1,681 locomotives for FY2024-25
New Delhi, April 2: India has emerged as a global leader in railway locomotive manufacturing, achieving a record production of 1,681 locomotives in the financial year 2024-25. This milestone surpasses the total locomotive production of regions such as the United States, Europe, South America, Africa, and Australia, reaffirming India's growing dominance in the global railway sector, the Ministry of Railways said in an official statement.
India surpasses Europe, US in locomotive production to emerge as world leader
New Delhi, April 2: India has emerged as a global leader in railway locomotive manufacturing, achieving a record production of 1,681 locomotives in the financial year 2024-25, according to a Railway Ministry statement issued on Wednesday.
Gujarat farmer builds potato harvester inspired by PM Modi's Vocal for Local
Aravalli (Gujarat), March 31: In the heart of north Gujarat, known for its sprawling potato fields, a farmer's ingenuity has set a new benchmark in agricultural innovation. Anilbhai Patel, a farmer from Bhensawada village in Dhansura taluka of Aravalli district, has crafted a special harvester that promises to transform the way potatoes are harvested in the region.
India aims Rs 3 lakh cr in defence production by 2029 with Rs 50,000 cr in exports
New Delhi, March 29: The government on Saturday said it aims to achieve Rs 3 lakh crore in defence production by 2029, reinforcing the country’s position as a global defence manufacturing hub.
Electronics manufacturing in India has grown 5 times in 10 years: Ashwini Vaishnaw
New Delhi, March 28: Union Minister for Electronics and Information Technology Ashwini Vaishnaw, addressing the media after Cabinet meeting, highlighted the transformation India's electronics sector has undergone over the past decade under Prime Minister Narendra Modi's leadership.
Centre inks contracts worth Rs 62,700 crore with HAL for supply of 156 LCH
New Delhi, March 28: The government on Friday signed two contracts worth Rs 62,700 crore with Hindustan Aeronautics Limited (HAL) for the supply of 156 Light Combat Helicopters (LCH) -- Prachand.
India clears biggest ever Rs 62,000 crore deal for buying 156 Light Combat Helicopters
New Delhi, March 28: The Cabinet Committee on Security on Friday gave its nod for the biggest ever deal to buy 156 Light Combat Helicopters worth over Rs 62,000 crore for the Indian Army and Air Force from Hindustan Aeronautics Limited.
Rs 22,919 crore component PLI to boost India's domestic electronics supply chain
New Delhi, March 28: The Rs 22,919 crore Electronics Component Manufacturing Scheme (ECMS), which has the potential to generate nearly 1 lakh direct jobs and several indirect jobs, focuses on the local production of sub-assemblies and bare components like inductors, resistors, PCBs and capacitors, etc.
Component PLI to boost India's $500 bn electronics manufacturing goal: Industry
New Delhi, March 28: As India scales its production to reach $500 billion in electronics manufacturing by 2030, the Rs 22,919 crore Electronics Component Manufacturing Scheme (ECMS) will usher in a new era of growth, industry leaders said on Friday.
PLI booster: Cabinet approves Rs 22,919 cr electronics component manufacturing scheme
New Delhi, March 28: To make India 'Atmanirbhar' in the electronics supply chain, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the electronics component manufacturing scheme with a funding of Rs 22,919 crore.
Union Cabinet approves Electronics Component Manufacturing Scheme with funding of Rs 22,919 crore
New Delhi, March 28: The Union Cabinet on Friday approved the Electronics Component Manufacturing Scheme with a funding of Rs.22,919 crore to make India "atmanirbhar" in the electronics supply chain.
PM Modi meets Japanese delegation, discusses about deepening economic cooperation between India and Japan
New Delhi, March 28: Prime Minister Narendra Modi, on Thursday, received a delegation from Keizai Doyukai (Japan Association of Corporate Executives) led by Takeshi Niinami, Chairperson of Keizai Doyukai, and 20 other business delegates to hear their views and ideas to deepen economic cooperation between India and Japan at the 7 Lok Kalyan Marg in the national capital.
Efforts to develop space policy, establish ISRO center in state: MP CM Yadav
Bhopal, March 27: Chief Minister Mohan Yadav virtually inaugurated the National Scientific Conference/Science Festival and the 40th Madhya Pradesh Youth Scientific Conference organised at the Kalidas Academy Campus, Ujjain, from the CM residence office on Thursday and addressed the event on the occasion.
PLI-Auto scheme: Firms commit Rs 25,219 crore worth investments, create 38,186 jobs
New Delhi, March 27: Companies under the PLI-Auto scheme have committed over Rs 25,219 crore in capital investment (till December 2024), including setting up new production facilities and upgrading technology while generating 38,186 jobs, the government said on Thursday.
India will soon roll out first indigenous chip as semiconductor units take shape: Ashwini Vaishnaw
New Delhi, March 27: India will soon introduce its first indigenous semiconductor chip, as five semiconductor units are currently under construction in the country, Union Minister for Electronics and Information Technology Ashwini Vaishnaw stated on Thursday.
India cruising towards $300 billion electronics production by 2026: Centre
New Delhi, March 26: India, which is the second-largest mobile phone producer in the world, is all set to reach $300 billion in electronics production by 2026, driven by the 'Make in India' and the production-linked incentive (PLI) scheme, the Centre said on Wednesday.
Defence production hit Rs 1.27 lakh crore in FY 2023-24, exports cross Rs 21,000 crore
New Delhi, March 25: India's defence production has reached a record Rs 1.27 lakh crore in FY 2023-24, the Ministry of Defence said in a release on Tuesday.
PLI scheme for specialty steel gets investment commitments worth Rs 17,000 crore
New Delhi, March 25: The production-linked incentive (PLI) scheme 1.1 for specialty steel has witnessed investment commitments worth Rs 17,000 crore in the second round, according to the government.
Next generation patrol vessels to play an important role in anti-piracy missions: MoD
New Delhi, March 23: The Ministry of Defence (MoD) said on Sunday that the next generation patrol vessels will play an important role in the anti-piracy missions, adding that the country's Navy will soon get two Next Generation Offshore Patrol Vessels (NGOPVs).
Tamil Nadu benefits the most from PLI scheme, says FM Sitharaman
Chennai, March 23: Union Finance Minister Nirmala Sitharaman has said that Tamil Nadu has emerged as one of the biggest beneficiaries of the Production-Linked Incentive (PLI) scheme.
Trade tariffs: India has strong advantage in high-value manufacturing, exports
New Delhi, March 23: Amid the debate on trade tariffs, industry leaders on Sunday said India has a strong advantage in high-value manufacturing and this situation could actually open doors for them in exports with right policy support.
Rs 25,200 crore investment committed by 35 firms in 2nd round of PLI scheme for steel: Centre
New Delhi, March 23: Around 35 companies have shown interest in the second round of the PLI scheme for specialty steel, with commitment of Rs 25,200 crore investment, according to the Ministry of Commerce and Industry.
Goa Shipyard striving for Aatmnirbhar Bharat: MoS Sanjay Seth at launch ceremony of 2nd Frigate
South Goa, March 22: Union Minister of State for Defence Sanjay Seth attended the launch ceremony of the GSL (Goa Shipyard Limited) Yard 1259, 2nd Advanced Frigate Frigate under Project 1135.6 being built for the Indian Navy in Vasco da Gama, Goa and highlighted GSL's commitment to 'Aatmanirbhar Bharat.'
Industry leaders hail 'PM Mitra Park' scheme, foresee Uttar Pradesh as a global textile hub
Lucknow, March 22: An Investors' Meet was organised in Lucknow under the 'PM Mitra Park' scheme, for the establishment of a mega Textile and Apparel park over 1,000 acres at the Lucknow-Hardoi border. During this event, Chief Minister Yogi Adityanath signed two Memorandums of Understanding (MOUs).
PLI schemes clock Rs 1.61 lakh crore in investment, generate 11.5 lakh jobs
New Delhi, March 22: The production-linked incentive (PLI) schemes have clocked Rs 1.61 lakh crore in investment, Rs 14 lakh crore in production and Rs 5.31 lakh crore in exports while creating 11.5 lakh jobs, the government said on Saturday.
PLI Scheme for telecom and networking products generates over Rs 14,000 crore in export sales
New Delhi, March 22: The Production Linked Incentive (PLI) scheme for telecom and networking has generated export sales exceeding Rs 14,000 crore, driving significant growth in India's domestic telecom manufacturing sector.