manufacturing sector Current Affairs, GK & News
India overtakes US to become 2nd Most attractive Manufacturing Hub
According to real estate consultant Cushman amp, Wakefield, India has overtaken the United States (US) to become second-most attractive manufacturing destination internationally. Key Points India’s improvement is driven mainly by cost competitiveness. Ranking got switched due to plant relocations from China to other parts of Asia towards already established base in pharma, chemicals and engineering ..
Month: Current Affairs - August, 2021
Category: Economy & Banking Current Affairs • International Current Affairs • Reports & Indexes Current Affairs
Topics: 2nd Most attractive Manufacturing Hub • manufacturing sector • manufacturing sector in India • UPSC
Udyog Manthan to Focus on Quality and Productivity
The commerce ministry is organising the Udyog Manthan. Under the Udyog Manthan, a series of webinars are being conducted. Highlights The Webinar is focusing on about 45 sectors including the pharma sector and electronics sector. The webinar under the Udyog Manthan is being organised with the focus on quality and productivity in all the major ..
Month: Current Affairs - February, 2021
Category: Economy & Banking Current Affairs • Events Current Affairs
Topics: Aatma-Nirbhar Bharat • Commerce Ministry • manufacturing sector • manufacturing sector in India • Udyog Manthan
GoI lifts ban on PPE exports; monthly quota set as 5 million units
On June 29, 2020, the Government of India lifted the ban on export of Personal Protective Equipment (PPE). Also, it has fixed a monthly quota of 5 million units. Highlights The Ministry of Commerce has enforced a new rule along side lifting the ban on PPE exports. According to the new rule, an enterprise or ..
Month: Current Affairs - June, 2020
Category: India Nation & States Current Affairs
Topics: COVID-19 • Enhancing Exports • exports • manufacturing • manufacturing sector • personal protective equipment
GoI launches three new schemes to boost Electronics sector
On June 2, 2020, the Union Minister Ravi Shankar Prasad launched three new schemes to bbost electronics sector. They are Production linked incentive scheme, cluster scheme (EMC 2.0) and component manufacturing scheme (SPECS). The schemes were approved by the Union Cabinet in March 2020. About the schemes The schemes are expected to attract investments. They ..
Month: Current Affairs - June, 2020
Category: Government Schemes Current Affairs
Topics: Electronics Manufacturing Cluster • Electronics Sector • employment generation • manufacturing sector • Mobile Production • Semiconductors
India: The Second Largest Manufacturer of PPE in the world
On May 21, 2020, India became the second largest producer of Personal Protective Equipment in the world. China is the leading producer of PPE in the world. Highlights The Ministry of Textiles has been taking several measures to maintain the quality of PPE alongside manufacturing. Background Initially India faced several challenges in increasing quality PPE ..
Month: Current Affairs - May, 2020
Category: India Nation & States Current Affairs
Topics: COVID-19 testing • imports • India China • India imports • manufacturing sector • Personal Protective Equipment (PPE)