Tag: Make in India

Custom Duty Hike

Custom Duty Hikes in Union Budget 2021-22 to Boost Domestic Manufacturing

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…
Electronics Manufacturing

How Can Electronics Manufacturing Contribute $1 Trillion to India’s Economy by 2025?

“Electronics manufacturing alone can contribute USD 1 trillion to India’s economy by 2025,” said Ravi Shankar Prasad, the Minister of Communications, Electronics and Information Technology, at an event organized by ASSOCHAM. The manufacturing of electronic devices including mobile phones and components, laptops, tablets and TVs has the potential to contribute…
India’s Exit from RCEP

How India’s Exit from RCEP can Help the Domestic Manufacturing Industry?

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…
ODOP Utter Pradesh

One District One Product: A Game Changer in the Indian Manufacturing Industry

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…