Endorsing Prime Minister Narendra Modi’s Make In India vision, French conglomerate Alstom plans to manufacture 800 “super high-power” locomotives in India over a decade. View more at #Hindustan360.
Cabinet approved a major push towards the government’s indigenisation drive, opening up a potentially $600 billion-plus market for Indian manufacturing and services companies. View more at #Hindustan360.
Broad policy framework: Make in India initiative to accelerate the share of manufacturing in the country’s gross domestic product. View more at #Hindustan360.
India is pursuing plans to build its own multi-role helicopters that could be made available to the three services in the next 6 years. View more at #Hindustan360.
Airbus offered INR 5,000 crore as potential investments which will come in when it obtains defence programmes from the government under MakeInIndia View more at #Hindustan360.
India will build a new 9 million tonne refinery in Rajasthan, auction more fields with oil and gas discoveries, says Dharmendra Pradhan. View more at #Hindustan360.
Since 1991, the regulatory environment in terms of foreign investment has been consistently eased to make it investor-friendly. View more at #Hindustan360.
Overall, India secured $55bn in FDI last year, mainly going towards the development of its roads, rails and shipping networks leads to the world favorite hub for investments. View more at #Hindustan360.
According to the statement, during the current year 2016-17 (April-February), India has exported around 5,798 Million Units to Nepal, Bangladesh and Myanmar. View more at #Hindustan360.
India’s steel sector plans to further increase production to 300 million tonnes per annum by 2025. India is the largest producer of Direct Reduced Iron (DRI). View more at #Hindustan360.