In a corporate presentation titled 'New Reliance for a New India', released on Friday, RIL termed itself as the best proxy for India's consumption-driven and tech-propelled growth story.
Out of the Rs 3,100 crore, nearly Rs 2,000 crore will be earmarked for the purchase of "Made in India" ventilators and Rs 1,000 crore for care of migrant labourers, it said.
The company has floated an Expression of Interest (EoI) inviting global companies to partner with it and leverage its facilities and capabilities for setting up a manufacturing base in India
Despite the government recently announcing two ambitious schemes for the sector to attract new investment, none of the companies is planning to avail them any time soon.
Piyush Goyal asked the industry to look for ways to expand the country's export basket by adding more value-added products and cut shipments of raw materials
Industry sources said the policy could be out in a month and offer incentives through tax benefits and easy availability of amenities
It appears to incentivise consumption but also puts hurdles in its path
Sitharaman also proposed to increase customs duty on CBUs of traditional commercial vehicles from 30% to 40%
Around 85% of the country's coking coal demand is met through imports
Chinese tech giant Oppo is looking to cash in on the "incredible" opportunities thrown by untapped millennial population in the Indian market and charting out strategies to back the government's 'Make in India' mission by extending support to startups and bringing India-centric innovations. Keeping 'Make in India' mission at the core of its growth strategy, Oppo is aiming to manufacture 100 million smartphone units locally by the end of 2020 and bring world-class technological products that meet the needs of the ever-evolving Indian consumers. With fast-changing technology landscape in India, Oppo is also shifting its focus towards next generation innovations like 5G and Internet of Things (IoT) to drive its next leg of growth in the country. On the future course, Oppo India Vice President (R&D) Tasleem Arif told PTI, "India is a promising market when it comes to the roll out of 5G. India's new National Digital Communications Policy (NDCP) presents a positive vision for the ...
Moreover, the Indian Air Force (IAF) chief said that there is no question of parity between the Pakistan Air Force and the IAF as the former was not able to hit a single target during post-Balakot ope
What's the strategy to revive the economy? Mere fundamentals will not do the trick
Make in India is the government's ambitious programme to boost manufacturing in the country
Tamil Nadu govt officials say the plant will start operations in March and create nearly 10,000 jobs
Union Minister for Railways Piyush Goyal and Chairman of the Railway Board, Vinod Kumar Yadav held talks with the delegation
Kia is preparing to launch its car on August 8 and has invited Chief Minister Y S Jagan Mohan Reddy for the event, Andhra CMO said
Xiaomi India COO Muralikrishnan B also pointed out that if the Indian government can also get neighbouring countries to accept BIS standards, it would help push exports from India
Xiaomi phones in India are manufactured mainly by Taiwanese giant Foxconn, also known as Hon Hai Precision Industry Co. Ltd
The company is also planning to start the next phase of mobile manufacturing expansion from mid-2020
Asserting that "Make in India" has become "Buy from China", Congress leader Rahul Gandhi on Monday hit out at the RCEP and alleged that the proposed free trade deal will flood the country with cheap goods, resulting in millions of job losses and crippling the economy. Gandhi's takedown of the proposed trade agreement came as Prime Minister Narendra Modi was in Bangkok where negotiations for the long-overdue Regional Comprehensive Economic Partnership (RCEP) was heading towards finality. "'Make in India' has become 'Buy from China'. Each year we import Rs. 6,000 worth of goods from China for every Indian! A 100 per cent increase since 2014," the former Congress chief said in a tweet. "RCEP will flood India with cheap goods, resulting in millions of job losses & crippling the Indian economy," Gandhi said. His remarks come two days after Congress president Sonia Gandhi launched a blistering attack on the government's economic policies and said signing the RCEP agreement will deal a ..