Tag: Make in India

“Electronics manufacturing alone can contribute USD 1 trillion to India’s economy by 2025,” said the former Minister of Communications, Electronics and Information Technology, Ravi Shankar Prasad, at an ASSOCHAM event. With the potential to produce a vast array of devices—ranging from mobile phones to laptops, TVs, and other components—the sector is poised to become a […]

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Amidst the vibrant fields of Karnataka, a revolution is brewing. The Koppal Toy Cluster envisioned as a game-changer for the Indian toy industry, is poised to propel the nation towards self-reliance and global dominance in this playful sector. Spanning 400 acres, this ambitious project promises to be more than just a manufacturing hub; it aims […]

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In the ever-changing world of global manufacturing, India has emerged as a powerhouse, securing its position as the second most attractive manufacturing hub worldwide. With its vast potential, favorable demographics, and ambitious government initiatives, India has garnered the attention of international investors seeking lucrative opportunities in the manufacturing sector. Over the years, the country has […]

The Zero Defect Zero Effect (ZED) Certification Scheme is launched by The Ministry of Micro, Small, and Medium Enterprises (MSME) in April 2022. The focus of the scheme is to empower Indian companies, make them globally competitive, and enable easy access to capital. As per the MSME minister Narayan Rane, the Zero Defect Zero Effect […]

The Finance Minister, Nirmala Sitharaman presented the budget in the parliament on Monday, amid huge expectations from all sections of people of India. The budget, which is worth INR 34,83,236 crores, is aimed at reviving the economy that has been badly hit by the outbreak of the coronavirus pandemic and the nation-wide lockdowns. Read: Best Manufacturing […]

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The Parliament of India passed three ‘Agriculture Bills’ in September 2020. The President of India gave his assent to the bills in the same month, making them as acts. The three acts that are aimed at bringing structural reforms in agriculture in India include: 1. Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020. […]

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The year 2020, which saw the widespread outbreak of coronavirus, has been very challenging for people across the world in many aspects. Till date, coronavirus has led to the death of around 1.45 million people in the world. It has resulted in a sudden fall of economies across the world, including India, leaving millions of […]

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Image source: https://images.app.goo.gl/8EkU1RkoB48YWTaJ7 The Regional Comprehensive Economic Partnership, a new free trade agreement, was signed on 15th November, 2020 by 15 Asia-Pacific nations. The member states of RCEP together account for one-third of the global gross domestic product and almost 30% of the world’s population. What is RCEP?   RCEP, perceived to be the biggest free […]

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Over the last many years, successive Indian Governments have tried to improve India’s Balance of Trade and protect domestic industry by incentivizing exports and restricting imports. These have taken the form of Export incentives to try and boost exports through measures such as Cash assistance, Export subsidies, EOUs and SEZ, Duty drawbacks, Advance Licensing and […]

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Food safety assumes utmost importance for enterprises operating in the food processing industry. Safety of food can have a direct impact on the health of the consumers. Food safety depends on many factors, such as preparing, handling, storing, etc. Food industries should comply with food safety regulations. Any compromise on food safety leads to various […]

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The Government of India has been actively working through several schemes such as ‘Make in India’, ‘Atmanirbhar Bharat’, etc. to increase manufacturing in the country. This has led to gradual improvement in the manufacturing activities across the country. Inspiring from the Uttar Pradesh government, the Government of India is planning to launch ‘One District One […]

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Image source: https://thelogicalindian.com/ How the plan will help the MSME sector. Who are the beneficiaries? How it will impact the manufacturing sector growth and GDP. Is the effect immediate? Will, there be any misuse of funds and leakages, etc. On November 2nd Prime Minister Narendra Modi announced a loan sanction of up to a crore for […]

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