#domestic-manufacturing
SCI to help India achieve ambition of becoming top shipping nation: Sonowal
India is no longer content to only own ships but is determined to build them domestically, Union Minister Sarbananda Sonowal said, stressing that the country's largest commercial shipping company SCI will help India achieve its ambition of becoming a top ship…
India’s consumer durables boom has a Rs 50,000 crore localisation opportunity: Report
India's consumer durables market is expected to grow by 8-10% annually, reaching INR 3-3.25 lakh crore by 2030. Localisation presents a significant opportunity, increasing domestic value addition from 50-55% to 65-70%. The market has room for expansion, with …
Chinese tech, investments welcome, but trade opening needs caution: CII President
Chinese investments and technology are welcome in India, but a cautious approach is needed for trade, according to CII President R Mukundan. He emphasized reducing import dependence on China and boosting domestic manufacturing. Mukundan also highlighted poten…
Duty tweaking required to boost domestic aluminium-based manufacturing: GTRI
It said that India’s tariff policies have created some major distortions in the aluminium value chain - encouraging metal exports, inflating raw material costs for manufacturers and increasing dependence on imported finished products
Duty tweaking required to boost domestic aluminium-based manufacturing: GTRI
India's aluminium sector faces policy distortions. A think tank proposes removing import duties on raw aluminium and adding export duties on the metal. This aims to encourage domestic production of higher-value aluminium products. The goal is to reduce relian…
PLI 2.0 scheme for mobile phones may ring louder
In a bold move to reshape the electronics industry, India is enhancing its mobile phone production incentives with a focus on achieving over 55% domestic value addition. The new plan emphasizes local component manufacturing, effectively reducing the reliance …
Jaishankar stresses ‘Make in India’ focus in expanding defence ties with US
India and the United States are set to deepen defense ties. 'Make in India' will guide future cooperation. Both nations will focus on domestic manufacturing and evolving battlefield needs. Discussions also covered energy, civil nuclear cooperation, and cri…