Make in India campaign Current Affairs, GK & News

Mega fair on research and development

23 IITs are collaborating to organize a mega fair on research and development on October 14 and 15 this year. Key facts IInvenTiv is a mega fair on research and development that aims to promote innovation-led growth and development of affordable technologies in line with government’s flagship initiatives like Make in India and Digital India. ..

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Make in India completes 8 years

The Indian Government’s Make India initiative has completed eight years. Key facts The government’s flagship initiative has helped 27 sectors to make significant progress, including manufacturing and services sectors. It has doubled the annual foreign direct investment to 83 billion USD. With this, India is expected to attract 100 billion USD in FDI this fiscal. ..

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GoI: Public procurement Norms modified

The Government of India recently modified public procurement norms. Under the new norms maximum preference is to be given to those goods and services that have 50% or more local content. This has been done to promote “Make in India”. Highlights The GoI recently issued the Public Procurement (Preference to Make in India), Order 2017. ..

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26 Defence Items approved by Defence Ministry to boost Make in India

On May 20, 2020, the Ministry of Defence approved procurement of 26 defence items to boost “Make in India” initiative. This was done through the amendment of Public Procurement Order 2017. Highlights The Ministry of Defence has so far notified 127 items to under which the local suppliers will be given preference. Of these 127 ..

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Defence Ministry: 5th Edition of ARTECH to be held in New Delhi

Ministry of Defence is to hold ARTECH seminar in New Delhi on 23rd December, 2019. ARTEC is Army Technology Seminar that is being held since 2016. Highlights The fifth edition of ARTEC is to be organized by the Indian Army under Ministry of Defence on “Technologies for Non-contact Warfare”. Speakers from diverse industries, subject matter ..

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Lenovo to make Smartphones in Chennai with Flextronics under Make in India initiative

Chinese personal computer and smartphone giant Lenovo has roped with electronics contract manufacturer Flextronics to start manufacturing facility in Sriperambudur, near Chennai. Lenovo has forayed in Indian smartphone manufacturing sector after the latest entrant Foxconn who will manufacture the phones in its facility and will invest $ 5 billion over a period of five years in ..

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