Page-10 of Make in India

Action Covid-19 Team launched in India: First of its kind in the world

The Action COVID Team was launched by top fund mangers of private sector and blue-chip venture capital firm. Significance The Team gained its popularity lately as Rs 1 crore was bagged by the Mylab  from the fund set up by ..

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GoI extends Foreign Trade Policy

On April 1, 2020, the Government of India notified that the export schemes such as Export Promotion Capital Goods and Duty-Free Import authorization are to be extended by one year. Also, GoI has planned to extend Foreign Trade Policy 2015-20 ..

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First “Made in India” COVID-19 Test Kit gets commercial approval from CDSCO

A Pune based testing services MyLab has become the first Indian company to get an commercial approval from CDSCO for the sales of COVID-19 testing kits sale. About the Kit The kit was developed by MyLab testing services. The testing ..

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Made-in-India COVID-19 Test Kit

The COVID-19 test kit developed by Mylab Discovery Solution Pvt Ltd has become the first Made-in-India kit to receive commercial approval. About the Kit The Mylab PathoDetect COVID-19 Qualitative PCR kit was developed by Pune based by Mylab Discovery Solution Pvt ..

Incentive Scheme for Large Scale Electronics Manufacturing approved by Cabinet

On March 21, 2020, the Union Cabinet under PM Modi approved the Production Incentive Scheme for large scale manufacturing of Electronics. The main aim of the incentivisation is to increase investments in mobile manufacturing. Benefits The scheme aims to create ..

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Defence Acquisition Council approves procurement of 83 Tejas Fighter Jets

On March 18, 2020, the Defence Acquisition Council approved the procurement of indigenously built 83 Tejas fighter aircrafts for Indian Air Force. The proposal is to be placed under Cabinet Committee on Security. The proposal is considered as a major ..

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