Page-20 of Make in India

Government to release new industrial policy

The Department of Industrial Policy and Promotion (DIPP) under the Commerce and Industry Ministry is going to release a new industrial policy by October 2017. It is expected to replace National Manufacturing Policy (NMP) released in 2011 The new policy ..

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India’s first private missile production facility unveiled in Hyderabad

India’s first private sector missile sub-systems manufacturing facility Kalyani Rafael Advanced Systems (KRAS) plant was inaugurated near Hyderabad, capital of Telangana. It is 51:49 joint venture between India’s Kalyani Group and Israel’s Rafael Advanced Defence Systems Ltd. It has been ..

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Reliance Defence inks Pact with Serbia’s Yugoimport to Manufacture Ammunition in India

Anil Ambani’s Reliance Defence Ammunition which is a subsidiary of Reliance Infrastructure has entered into a strategic partnership with Serbia’s state-run Yugoimport to manufacture ammunition in India. The joint venture is expected to target business opportunities worth Rs 20,000 crore from Indian armed forces in the next ..

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Union Cabinet Approves National Procurement Policy Giving Preference to Make in India

The Union Cabinet Chaired by Prime Minister has given its approval for a national procurement policy that gives preference to ‘Make In India’ in government procurements. The policy aims to maintain the balance between promoting ‘Make in India’ and ensuring timely, ..

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India's first Medipark will be set up in Tamil Nadu

India’s first Medipark (Medical Park) will be set up in Tamil Nadu at Chengalpet near Chennai, Tamil Nadu. It will boast of the first medical devices manufacturing park in the country. In this regard, the Union Cabinet has allowed HLL ..

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Indian Army launches Army Design Bureau to reduce dependence on imports

The Indian Army has set up Army Design Bureau (ADB) in an attempt to indigenise procurements and reduce import dependence. It has been established as part of the government’s ‘Make in India’ initiative and will integrate various stake holders in ..

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