According to sources in the know, Apple value addition in the country for mobile devices currently was around 15 per cent
Modi stressed on reducing the dependence on imports
The country's age-old, protectionist instincts have kept out international auto companies for decades.
India's haphazard foray into industrial policy is going to fail, just as "Make in India" did
80% toys still imported, mostly from China; local industry suffers from lack of scale and innovation
The 1980-batch IAS officer was a key driver of the "Make in India", Start-up India, "Incredible India" and "God's Own Country" initiatives
PLI schemes are being spread across too many sectors
E-commerce policy expected to be finalised by end of June
Many facilities stopped production because govt did not procure the ventilators it had ordered last year
Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers
The meeting between US Secretary of Defence Lloyd J Austin and his Indian counterpart Defence Minister Rajnath Singh is scheduled to take place at 11 am in South Block on Saturday
Apple has been shifting some areas of production from China to other markets as it navigates the trade war between Washington and Beijing
iPhone 12, according to sources in the know, will be manufactured at the Hon Hai Precision Industry (Foxconn) facility in Tamil Nadu - both for the domestic as well as well as the export market
Many state officials and doctors have refused to take Covaxin before its effectiveness could be proved.
The Biden administration has told US Congress that India's recent emphasis on import substitution through the 'Make in India' campaign has "epitomised" the challenges facing the bilateral trade ties
Under the PLI scheme, companies will enjoy a 4-6 per cent incentive annually across five years on their production value in India, provided they make incremental investments
Scheme on telecom products will be implemented from April 1
Higher interest rates will clip investment plans of companies and could bad news for FM Nirmala Sitharaman who feels she has kept her part of the deal in Budget FY22 by not raising taxes
Vachani's startup has grown into a sprawling electronics empire
The management has indicated that the automotive segment continues to face headwinds especially in passenger vehicles and commercial vehicle segment and going ahead sees recovery to be very gradual