Economic Survey 2018: Make in India 2.0 to focus on 10 champion sectors to spur manufacturing, job creation
7 years, 1 month ago

Economic Survey 2018: Make in India 2.0 to focus on 10 champion sectors to spur manufacturing, job creation

Firstpost  

Make in India programme was launched on 25 September, 2014 with an aim to make India a global hub for manufacturing New Delhi: Make in India 2.0 will accord renewed focus on ten champion sectors, including capital goods, auto, defence, pharma and renewable energy to push growth in manufacturing and generate job opportunities, the Economic Survey said on Monday. The government has identified these sectors which have the potential to become global champions and drive double-digit growth in manufacturing, the survey said. “The sectors have been identified for renewed focus under the Make in India version 2.0,” it added. The ‘Make in India’ programme was launched on 25 September, 2014 with an aim to make India a global hub for manufacturing, research and innovation and integral part of the global supply chain.

India Spur Manufacturing Champion Sectors  renewed  spur  manufacturing  focus  india  champion  sectors  programme  identified  global  job  hub  launched  survey  economic  creation

History of this topic

Madan Sabnavis: Can India’s economy count on manufacturing as an engine of growth?
1 week, 3 days ago

Madan Sabnavis: Can India’s economy count on manufacturing as an engine of growth?

Live Mint  

The decade ending 2023-24 shows an interesting trend of a distinct decline in the contribution of manufacturing to India’s overall story of economic growth. However, in the case of India, we have more or less skipped the intermediate phase of rapid industrialization, with services having already come to the forefront as the economy’s dominant sector. The accompanying graphic offers a …

India’s industrial production growth likely at 3.7% in Jan, surge from 3.2 % in Dec 24: Union Bank of India
3 weeks ago

India’s industrial production growth likely at 3.7% in Jan, surge from 3.2 % in Dec 24: Union Bank of India

Live Mint  

New Delhi, : India's industrial production, measured by the Index of Industrial Production, is likely to surge to 3.7 per cent year-on-year in January 2025, up from 3.2 per cent in December 2024, according to a report by Union Bank of India. However, the report also highlights that despite this monthly increase, the IIP growth in January is likely to …

AI from India, for the world: The state of AI in India, key sectors focussing on the use of AI and the future
Trending News
1 month, 1 week ago

AI from India, for the world: The state of AI in India, key sectors focussing on the use of AI and the future

Op India  

While launching the Leverhulme Centre for the Future of Intelligence in October 2016, Stephen Hawking said, “Success in creating AI would be the biggest event in human history. Key areas that India can contribute to in terms of AI skill base: Use Case capital During his Delhi leg of Microsoft’s AI tour in January of this year, Satya Nadella rightly …

Centre pushes for roadmap on domestic aerospace manufacturing
1 month, 3 weeks ago

Centre pushes for roadmap on domestic aerospace manufacturing

The Hindu  

The Centre is planning a “national roadmap” to grow Indian manufacturing of aerospace components and has sought industry suggestions for a 10-year and 20-year plans. The meeting was chaired by Minister for Civil Aviation Ram Mohan Naidu, and included Secretary, Ministry of Civil Aviation, V. Vualnam alongside stakeholders from Confederation of Indian Industries, Federation of Indian Chambers and Commerce Industry, …

IISc’s Pravriddhi aims to give a fillip to manufacturing, reduce import-reliance
1 month, 3 weeks ago

IISc’s Pravriddhi aims to give a fillip to manufacturing, reduce import-reliance

The Hindu  

Micro, Small and Medium Enterprises contribute to around 30% of India’s GDP generating more than 23 crore jobs, second only to agriculture. Pravriddhi, a product accelerator programme by the Foundation for Science, Innovation, and Development at the Indian Institute of Science aims to bridge this gap by encouraging market-driven innovation and manufacturing in the capital goods sector and replicating it …

Budget puts focus back on manufacturing sector
Trending News
1 month, 3 weeks ago

Budget puts focus back on manufacturing sector

New Indian Express  

NEW DELHI: In its effort to strengthen India’s manufacturing sector and achieve self-reliance, the Budget 2025-26 has come up with a series of measures to boost local manufacturing. At the heart of the budget lies the National Manufacturing Mission, a program designed to give a fresh push to industries of all sizes—small, medium, and large. “The continued impetus to the …

Budget 2025: More reforms, private investments must for India to become $30 tn economy
1 month, 3 weeks ago

Budget 2025: More reforms, private investments must for India to become $30 tn economy

Live Mint  

India is charting an ambitious course toward its vision of a $30-trillion economy by 2047. Over the past decade, the government has launched strategic initiatives such as Make in India, production-linked incentives, and large-scale infrastructure expansion to propel the manufacturing ecosystem. Dedicated measures have been announced for sectors such as toys, footwear and leather with high job-creation potential aiming to …

Govt to set up National Manufacturing Mission; focus on ease of biz, future-ready workforce
1 month, 4 weeks ago

Govt to set up National Manufacturing Mission; focus on ease of biz, future-ready workforce

Live Mint  

New Delhi, Feb 1 The government on Saturday announced to set up a National Manufacturing Mission to further promote Make in India initiative. The National Manufacturing Mission, she said, will provide policy support, governance and monitoring framework for central ministries and states. "Our government will set up a National Manufacturing Mission covering small, medium and large industries for furthering Make …

Budget 2025: Boosting Jobs in Leather and Making India a Global Toy Hub | ABP NEWS
Trending News
1 month, 4 weeks ago

Budget 2025: Boosting Jobs in Leather and Making India a Global Toy Hub | ABP NEWS

ABP News  

In the 2025 Union Budget, the government announced initiatives aimed at boosting employment and making India a global manufacturing hub. A key highlight is the "Focused Products Scheme" for the leather and footwear sectors, designed to create 22 lakh jobs. Additionally, the government plans to introduce schemes to position India as a global hub for toy manufacturing. By focusing on …

Economic Survey 2024-25: India’s Growth Roadmap, Key Insights, and Future Projections
1 month, 4 weeks ago

Economic Survey 2024-25: India’s Growth Roadmap, Key Insights, and Future Projections

Op India  

The Union Finance Ministry on 30 January released the Economic Survey for the financial year 2024-25, ahead of presenting the budget for the next financial year. The Economic Survey 2024-25 provides a detailed assessment of India’s economic performance over the past year and outlines future growth prospects. The survey also notes the growth in insurance industry and expansion of India’s …

Target of Viksit Bharat by 2047 achievable; focus on manufacturing, services needed: Deloitte
1 month, 4 weeks ago

Target of Viksit Bharat by 2047 achievable; focus on manufacturing, services needed: Deloitte

Live Mint  

New Delhi, Jan 31 The target of India achieving the status of a developed nation, or Viksit Bharat by 2047, seems "achievable", consultancy firm Deloitte India said on Friday advocating for a sharp focus on manufacturing and services, and measures to rein in inflation. The Economic Survey 2024-25, tabled in Parliament on Friday, said India needs to grow by 8 …

Economic Survey: Local tech, components for EV manufacturing
1 month, 4 weeks ago

Economic Survey: Local tech, components for EV manufacturing

Live Mint  

New Delhi: India is pushing to localize technology and raw materials used in electric vehicle manufacturing, as China’s grip on the global EV supply chain remained firm through the last fiscal year, the Economic Survey for FY25 revealed Friday. Expanding public transit networks could also reduce India’s dependence on imported EV components, the survey noted. "China's vertical integration across the …

Economic Survey projects India’s GDP growth at 6.3%-6.8% for FY 2025-26
1 month, 4 weeks ago

Economic Survey projects India’s GDP growth at 6.3%-6.8% for FY 2025-26

Hindustan Times  

New Delhi:The Economic Survey, tabled by union finance minister Nirmala Sitharaman on Friday, projects India’s gross domestic product growth in the range of 6.3% to 6.8% for the financial year 2025-26. Union finance minister Nirmala Sitharamantabled the Economic Survey on Friday The survey, which comprises 13 chapters, focuses on global threats to India’s trade and industries and highlights the potential …

India’s electronics sector largely focused on assembly; slump in design, component manufacturing: Economic Survey
1 month, 4 weeks ago

India’s electronics sector largely focused on assembly; slump in design, component manufacturing: Economic Survey

New Indian Express  

NEW DELHI: India's electronics sector has largely focused on assembly, with limited progress in design and component manufacturing, according to the Economic Survey for 2024-25. The survey, tabled by Finance Minister Nirmala Sitharaman in Parliament on Friday, also noted that India holds 4 per cent of the global electronics market share. “The industry has largely focused on assembly, with limited …

Need 8% growth for two decades, deregulation, land-labour reform for Viksit Bharat 2047: Economic Survey
1 month, 4 weeks ago

Need 8% growth for two decades, deregulation, land-labour reform for Viksit Bharat 2047: Economic Survey

New Indian Express  

NEW DELHI: India needs to grow at 8 percent for up to two decades to become a developed nation by 2047, the Economic Survey said on Friday, pitching for a slew of reforms, including land and labour, to achieve the ambitious target. It further said that to achieve this growth, the investment rate must rise to 35 percent of GDP, …

Survey may address tough economic questions
1 month, 4 weeks ago

Survey may address tough economic questions

New Indian Express  

She says the country does not have a comprehensive document yet on the analytical framework and the road map towards Viksit Bharat 2047, and she hopes this Economic Survey will present that comprehensive framework and the significant components of our ‘graduation dreams’ towards a developed country by 2047. Last year, the survey had famously raised the issue of threat of …

OPINION: Budget 2025 Can Help India Become A Global Hub For Mobile Accessories Manufacturing. Here’s How
2 months ago

OPINION: Budget 2025 Can Help India Become A Global Hub For Mobile Accessories Manufacturing. Here’s How

ABP News  

By Ashok Rajpal The Union Budget of 2025 is poised to pave the way for India to emerge as a global hub for mobile essentials and electronics manufacturing, establishing the country as a powerhouse in this rapidly growing industry. India is already making significant strides in the mobile accessories sector, and with strengthening fiscal policies and Government support, we can …

How Union Budget 2025 can unlock India's manufacturing potential
2 months ago

How Union Budget 2025 can unlock India's manufacturing potential

Firstpost  

The Union Budget 2025 offers a chance for India to boost its manufacturing sector, support skilled workers and become a global leader in industrial production while promoting sustainable growth and self-reliance Global manufacturing needs a new centre. The Union Budget 2025 can lay the foundation for this shift, powered by millions of skilled workers and entrepreneurs who are already reimagining …

Guest Column| Budget offers opportunity to arrest growth deceleration
2 months, 1 week ago

Guest Column| Budget offers opportunity to arrest growth deceleration

Hindustan Times  

India aspires to be a developed country by 2047. Progressive taxation is an instrument the FM can use to heavily tax the rich and spend the mobilised resources on the poor and lower middle-income groups, particularly by generating employment avenues by giving stimulus to labour-intensive sectors. Rural demand driving growth The private final consumption expenditure, an indicator of consumer demand, …

Manufacturing makeover: Clusters near infra hubs, tax reforms likely in Budget 2025
2 months, 2 weeks ago

Manufacturing makeover: Clusters near infra hubs, tax reforms likely in Budget 2025

Live Mint  

New Delhi: The Union government is looking to fire up manufacturing activity—a crucial engine of economic growth that’s significantly slowed—by announcing factory clusters near major infrastructure projects and changes to tax and customs duties in the upcoming Budget. Two officials familiar with the government’s thinking said the manufacturing clusters would strategically align with key infrastructure projects in logistic sectors such …

India's manufacturing activity grew at its weakest pace in 2024
2 months, 3 weeks ago

India's manufacturing activity grew at its weakest pace in 2024

Deccan Chronicle  

New Delhi: Despite easing cost pressures and strong job growth, India's manufacturing activity grew at its weakest pace for the year 2024, falling to a 12-month low in December this year as new business orders and production expanded at softer rates. “The ongoing improvements in new work intakes prompted manufacturing companies in India to purchase additional inputs for use in …

India’s manufacturing growth at 12-month low in December
Trending News
2 months, 3 weeks ago

India’s manufacturing growth at 12-month low in December

Live Mint  

New Delhi: India’s manufacturing growth slowed to a 12-month low in December amid a softer increase in factory orders and production, a private survey said. The HSBC India Manufacturing Purchasing Managers Index, compiled by S&P Global, was recorded at 56.4 in December, down from 56.5 in November. According to the survey, at 56.4 in December, the seasonally adjusted HSBC India …

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte
3 months ago

Indian economy to grow at 6.5-6.8 pc in FY25 on higher domestic consumption: Deloitte

Live Mint  

New Delhi, Dec 29 Indian economy is likely to grow at 6.5-6.8 per cent this fiscal and slightly higher between 6.7-7.3 per cent in FY2026, boosted by domestic consumption, Deloitte said on Sunday. Deloitte India Economist Rumki Majumdar said the growth in the first half of the fiscal year 2025 turned out to be slower than estimated as election uncertainties …

Trade and service sector leaders meet FM, urge tax cuts, export support
3 months ago

Trade and service sector leaders meet FM, urge tax cuts, export support

Live Mint  

New Delhi: Trade and service sector representatives met finance minister Nirmala Sitharaman on Thursday for pre-budget consultations, seeking tax cuts for MSMEs, incentives for smaller companies to reduce their carbon footprint and energy costs, increased financial support for exporters, and the continuation of the Interest Equalisation Scheme to maintain export competitiveness. "Allocating specific funds for capacity-building programmes targeting prospective exporters …

Time is running out to revive India’s manufacturing sector
3 months ago

Time is running out to revive India’s manufacturing sector

Live Mint  

Among these was weak manufacturing, which grew only 2.2%. While the debate on whether this is cyclical or structural is likely to continue, there is certainly a cause for worry as far as the manufacturing sector is concerned. From 2017-18 to 2022-23, enterprises in the organized manufacturing sector increased at 1.3% annually. The number of workers in the organized factory …

Time is running out to revive India’s manufacturing sector
3 months ago

Time is running out to revive India’s manufacturing sector

Live Mint  

Gross domestic product data released last month confirm fears of an imminent economic slowdown in India. From 2017-18 to 2022-23, enterprises in the organized manufacturing sector increased at 1.3% annually. The number of workers in the organized factory sector increased at 3.5% per year between 2014-15 and 2022-23. For the unorganized sector, gross value added per worker increased at 1.5% …

India maps industrial park route to turn factory giant
3 months ago

India maps industrial park route to turn factory giant

Live Mint  

Mumbai/New Delhi: India is finally going the ‘industrial park’ way to streamline the country’s manufacturing ecosystem, bearing in mind neighbour China’s phenomenal success through this approach. “The idea is to designate areas where it is easier to provide facilities for companies," the first official said, adding that there has been criticism that India’s manufacturing development “has been sporadic and not …

Indian manufacturing must adapt to constant flux in a dynamic world
3 months, 1 week ago

Indian manufacturing must adapt to constant flux in a dynamic world

Live Mint  

The global economic landscape is becoming increasingly interlinked and dynamic. Despite multiple shifts, 2023 saw global merchandise exports worth over $24 trillion, an increase of 6% over 2019, demonstrating resilience in the face of disruptions. Focused reforms since then, including the production-linked incentive schemes and ‘Make in India’ initiative, combined with infrastructure development programmes, trade agreements and stronger participation in …

India will emerge global powerhouse for skilled talent by 2030
3 months, 2 weeks ago

India will emerge global powerhouse for skilled talent by 2030

Deccan Chronicle  

New Delhi: Wheebox ETS India Skills Report 2025, in collaboration with CII, Taggd, AICTE, and AIU, unveils a strategic vision for "Global Talent Mobility" underscores India’s pivotal role in addressing global workforce demand, skills required fueled by rising employability, an optimistic hiring intent, and a roadmap for 2030. With 65% of the Indian workforce under 35 years old, India’s youthful …

Building on the revival of the manufacturing sector
3 months, 3 weeks ago

Building on the revival of the manufacturing sector

The Hindu  

India’s journey to becoming a global manufacturing hub has gained momentum with the government’s strategic policy initiatives, particularly the Production Linked Incentive scheme. The results of the ASI 2022-23 show a healthy double-digit expansion in the growth rate of manufacturing sector output — at 21.5% — despite a high base of 2021-22 which saw a sharp rebound as the economy …

India’s GDP growth: The first half faltered, but economy seen rebounding in the second
Trending News
4 months ago

India’s GDP growth: The first half faltered, but economy seen rebounding in the second

Live Mint  

Two consecutive quarters of disappointing economic growth have left economists pinning their hopes on a rebound in the second half of the fiscal year. Some economists, however, expect India’s FY25 GDP growth to be lower than the Reserve Bank of India’s 7.2% outlook because of the disappointing economic growth in the first two quarters of the fiscal year. “Government will …

India unveils $5 billion plan to strengthen domestic electronics component production
4 months, 1 week ago

India unveils $5 billion plan to strengthen domestic electronics component production

Live Mint  

India is set to roll out incentives worth up to $5 billion to local electronics firms to manufacture components for devices ranging from smartphones to laptops, according to government officials. However, the industry remains heavily dependent on imported components, particularly from China and Hong Kong, which account for over half of India's $89.8 billion electronics imports in the fiscal year …

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company
4 months, 2 weeks ago

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company

Hindustan Times  

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday. According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. "AI will …

A road map for India to grow at 10% rate over the next three decades
4 months, 3 weeks ago

A road map for India to grow at 10% rate over the next three decades

Hindustan Times  

India needs robust growth to meet the aspirations of our people. A focus on labour intensive manufacturing and exports can improve our current account balance. Such growth rates will require strong fiscal health, a thriving manufacturing sector, liveable cities, skilled human capital, and be driven by private investment. Manufacturing Exports A focus on labour intensive manufacturing and exports can also …

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
5 months ago

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging

Firstpost  

India's mobile manufacturing industry is gaining global attention, thanks to the Make in India initiative. Big companies like Samsung and Apple are setting up large factories in the country, making India the world's second-largest exporter of mobile phones. With Samsung's mega factory in Noida and Apple moving some iPhone production to Tamil Nadu, India is becoming a key player in …

India's Manufacturing Journey: A Decade of 'Make in India'
5 months, 1 week ago

India's Manufacturing Journey: A Decade of 'Make in India'

ABP News  

The article highlights the achievements of the Make in India initiative, a government-driven program aimed at turning India into a global manufacturing hub. It showcases how the initiative has contributed to India's economic growth, with the country ranking among the fastest-growing economies in the world. The article also highlights some of the challenges that the manufacturing sector is facing, including …

Goyal asks auto-component sector to achieve $100 billion export target by 2030
6 months, 2 weeks ago

Goyal asks auto-component sector to achieve $100 billion export target by 2030

The Hindu  

Union Minister for Commerce & Industry, Piyush Goyal on Monday asked the Indian auto component manufacturing sector to achieve an exports target of $100 billion by 2030 so that sector could be one of the largest job creators in the country. Stating that the Indian auto sector would soon become the world leader from currently being the third largest in …

Smart industrial cities can propel India towards its export targets
6 months, 3 weeks ago

Smart industrial cities can propel India towards its export targets

Live Mint  

India’s recent policy decision to create 12 smart industrial cities under the National Industrial Corridor Development Programme looks set to transform Indian manufacturing and create significant employment. The policy will play a significant part in promoting India’s export capabilities and also help boost the country’s share in global value chains. Government initiatives such as the Smart City Mission, industrial corridor …

Job Creation Seems Better Than Before but What About Quality and Sustainability?
7 months, 3 weeks ago

Job Creation Seems Better Than Before but What About Quality and Sustainability?

The Quint  

India's job market landscape presents a complex narrative, characterised by both positive indicators and underlying anxieties. The Reserve Bank of India recently published 'Measuring Productivity at the Industry Level-The India KLEMS Database,' providing data on employment trends across 27 key industries in India. The database, spanning FY 1980-81 to 2022-23 aims to provide critical data points on economic output, worker …

Budget 2024 presents a detailed, comprehensive road map for Viksit Bharat
8 months ago

Budget 2024 presents a detailed, comprehensive road map for Viksit Bharat

Live Mint  

As promised in the Interim Budget 2024-2025 by finance minister Nirmala Sitharaman, it was heartening to see the detailed and comprehensive road map for Viksit Bharat in the full budget. In fact, inspired by Prime Minister Narendra Modi’s vision, FICCI’s four priority areas, namely manufacturing, farm-led growth, women-led development and sustainability, closely mirror the thrust areas highlighted in the budget. …

India Needs to Create 78.51 Lakh Jobs in Non-Farm Sector: Survey
8 months, 1 week ago

India Needs to Create 78.51 Lakh Jobs in Non-Farm Sector: Survey

Deccan Chronicle  

New Delhi: The government on Monday asserted that the Indian economy needs to generate around 78.51 lakh jobs annually in the non-farm sector to meet growing demand and population growth. “The Indian economy needs to generate an average of nearly 78.5 lakh jobs annually until 2030 in the non-farm sector to cater to the rising workforce,” said the survey. “Casual …

Economic Survey 2023-24: Why does it matter? What are the key takeaways?
8 months, 1 week ago

Economic Survey 2023-24: Why does it matter? What are the key takeaways?

Firstpost  

The Economic Survey for the year 2023-24 was tabled in Parliament on Monday setting the tone for the presentation of the Union Budget on July 23 by Finance Minister Nirmala Sitharaman. File Image/Reuters Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 on Monday in Parliament, presenting a comprehensive analysis of India’s economic trajectory amid global challenges. Key Takeaways …

Can agriculture sector become India’s growth engine? Economic Survey 2024 says THIS
8 months, 1 week ago

Can agriculture sector become India’s growth engine? Economic Survey 2024 says THIS

Live Mint  

The Economic Survey 2024, tabled by FM Nirmala Sitharaman in Lok Sabha, stated that the agriculture sector could be a growth engine for India and the world as the scope for countries to squeeze out growth in manufacturing and services is narrowing due to resource-hoarding, trade protectionism, excess capacity, dumping, and artificial intelligence. “A return to roots, as it were, …

Economic Survey calls for tripartite agreement to make India developed by 2047
8 months, 1 week ago

Economic Survey calls for tripartite agreement to make India developed by 2047

Hindustan Times  

The government presented the Economic Survey for 2023-24 in the parliament today, estimating that India’s real GDP could grow between 6.5% and 7% in 2024-25. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Redefining the responsibilities of the government, capital and citizens… {{^usCountry}} {{/usCountry}} “The tripartite compact that this country needs to become a developed nation amidst emerging unprecedented global challenges is for governments …

India will become auto technology provider to the developing world: Bhargava
1 year, 2 months ago

India will become auto technology provider to the developing world: Bhargava

Live Mint  

New Delhi: India’s car industry will drive its manufacturing growth and play a big role in attracting investments and prosperity, Maruti Suzuki chairman R.C. These are themes he addresses in his latest book, Impossible to Possible, in which he describes what made Maruti Suzuki, the first and only instance of the government-run public sector undertaking forming a joint venture with …

India Inc Confident Of Achieving $5 Trillion Economy: Deloitte Pre-Budget Survey
1 year, 2 months ago

India Inc Confident Of Achieving $5 Trillion Economy: Deloitte Pre-Budget Survey

ABP News  

India Inc is confident of achieving $5 trillion economy with the central government's support in infrastructure investments, additional reforms, and enhanced technology adoption, according to a CXO survey by Deloitte Touche Tohmatsu India LLP. Stating that business leaders anticipate strong economic growth for the next fiscal year, Deloitte in a statement said about 50 per cent of India Inc reflects …

India Inc confident of achieving $5 trillion economy, country to grow over 6.50 per cent in FY25: Survey
1 year, 2 months ago

India Inc confident of achieving $5 trillion economy, country to grow over 6.50 per cent in FY25: Survey

India TV News  

India Inc expresses confidence in achieving a USD 5 trillion economy with support from the central government in infrastructure investments, additional reforms, and enhanced technology adoption, according to a CXO survey by Deloitte Touche Tohmatsu India LLP. The survey indicates that about 50 per cent of India Inc is optimistic about the country posting above 6.5 per cent growth in …

Modinomics And Rising India
1 year, 3 months ago

Modinomics And Rising India

News 18  

The International Monetary Fund recently called India a star performer, with India projected to contribute 16 per cent to global growth. The October 2023 IIP data also showed that the output of primary goods logged an 11.4 per cent growth compared to 2.1 per cent in the year-ago period. Speaking of India’s GDP, real GDP or GDP at constant prices …

India emerges as second-largest global hub for mobile phone manufacturing
1 year, 5 months ago

India emerges as second-largest global hub for mobile phone manufacturing

India TV News  

India has risen to become the world's second-largest manufacturing hub for mobile phones, largely attributed to significant investments from original equipment manufacturers, original design manufacturers, and companies specializing in mobile components and parts, according to a recent report. This development is a significant boost to India's "Make in India" initiative, with recent data from government and industry sources revealing mobile …

How India’s G20 Presidency Can Galvanise The Manufacturing Sector - News18
1 year, 6 months ago

How India’s G20 Presidency Can Galvanise The Manufacturing Sector - News18

News 18  

India’s G20 Presidency presents an opportunity to strengthen the country’s collaboration and economy. With Indo-US deals taking centre stage and other global corporations following suit, India’s manufacturing sector has the potential to reach $1 trillion by 2030, making it the fourth-largest in the world. To achieve India’s national target of increasing manufacturing contribution to 25 per cent of GDP by …

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