May 31st, 2018Government policy think tank, Niti Aayog is all geared up to boost production of medical devices in India. In its meeting held on Wednesday, the organisation discussed mull measures like tax-based incentives and caps on distributor and retailer margins, as reported by sources.
The meeting was held under the chairmanship of regulatory...
October 31st, 2017India has jumped 30 places up massively and made its place at 100 in the World Bank's ease of Doing Business. India has secured its place in the Top 100 list for the first time, driven by reforms in access to credit, power supplies and protection of minority investors.
Doing Business in India has become much easier now as per the...
October 2nd, 2017India’s ambitions to become a smartphone-making powerhouse are foundering over a lack of skilled labour and part suppliers along with a complex tax regime, industry executives say.
Prime Minister Narendra Modi has championed a manufacturing drive, under the slogan ‘Make in India’, to boost the sluggish economy and create...
August 9th, 2017The ambitious Make in India scheme of the Modi government is aimed at making the country a global manufacturing hub and transforming its economy, an Indian diplomat in the US has said.
Make in India is one of the flagship programmes of the Government of India which is aimed at transforming the Indian economy towards making it a...
June 16th, 2017The government will come out with three new policies, including electronics manufacturing and data protection, as part of its efforts to make India a USD 1 trillion digital economy in a few years.
Speaking after a two-and-a-half hour meeting with Indian tech industry captains, IT Minister Ravi Shankar Prasad today exuded confidence...
May 23rd, 2017The government today clarified that US-based electric car major Tesla will not have to source local components if it plans to set up a manufacturing unit in India.
The government responded to apprehensions expressed by Tesla founder Elon Musk that the company would have to source a certain percentage of local components to set up...
April 11th, 2017Networking giant Cisco today said it plans to make India a global export hub for its products, after recently having started manufacturing access points and routers at a facility in Pune.
The US-based company also expects to complete 50 digitisation projects by the end of the year across India, which is part of its USD 100 million...
December 1st, 2016TeamIndus has inked a commercial launch contract with the Indian Space Research Organisation (ISRO) for its mission to land a spacecraft on the moon as it attempts to win the USD 25 million Google Lunar XPRIZE.
TeamIndus is the only Indian team competing for the Google Lunar XPRIZE that requires privately funded teams to land their...
September 13th, 2016India has been constantly facing many problems due to the immense vehicular pollution each and every day. The automotive pollution is growing day by day, posing threat to this environment. Though the Indian government is taking some huge actions to reduce the pollution, the effect of vehicular pollution is still growing and affecting...
August 31st, 2016Emulating Singapore-model, India will offer residency permits of up to 20 years to foreigners willing to invest a minimum threshold in the country, under a new policy aimed at attracting more overseas investments.
The Cabinet, headed by Prime Minister Narendra Modi, approved a proposal to allow foreigners get 10 year residency...