Tenders worth Rs 40k cr cancelled or modified due to discriminatory, restrictive conditions

Tenders worth Rs 40k cr cancelled or modified due to discriminatory, restrictive conditions

NEW DELHI: Tenders worth Rs 40,000 crore was cancelled or modified due to discriminatory and restrictive conditions with an aim to promote ‘Make in India‘ in government procurement, according to the commerce and industry ministry. Releasing its achievements for 2020 on Friday, the ministry also said that unique products with export potential have been identified … Read more

Atmanirbhar Bharat provides vision of India’s plans to become USD 5 trillion economy: MEA official

Atmanirbhar Bharat provides vision of India’s plans to become USD 5 trillion economy: MEA official

NEW DELHI: Atmanirbhar Bharat provides a vision of India’s plans to become a USD 5 trillion economy by promoting ‘Make in India – Make for World’ and this will happen through an integration with the global economy, a senior official of the Ministry of External Affairs said on Saturday. In his address to the Indian … Read more

PM Modi’s Independence Day message: Make in India for the world

PM Modi’s Independence Day message: Make in India for the world

ET Analysis New Delhi: Prime Minister Narendra Modi’s Independence Day address this year had a strong strategic underpinning compared to previous years, laying out quite clearly the direction in which his government intended to proceed — both in the context of the Covid-19 challenge and beyond, as well as the Chinese aggression on India’s northern … Read more

Betting on 3 themes that should do better than core economy: Mihir Vora

Betting on 3 themes that should do better than core economy: Mihir Vora

The first week of July also showed continuation of the momentum that we saw in June but now in the second and third week of July, things are probably tapering off a bit, says the CIO of Max Life Insurance. Last time we spoke you were still a little cautious and valuations were continuing to … Read more

View: The problems with India’s production-linked incentive scheme and how to fix them

View: The problems with India’s production-linked incentive scheme and how to fix them

India has, rightly, accorded a high priority to electronics hardware manufacturing as an important pillar for ‘Make in India’ and ‘Digital India’. SynopsisIt’s difficult to build a manufacturing nucleus around R&D of semiconductors and compete with MNCs overnight, including high-value components like displays, camera modules and memory chips to be part of India’s manufacturing nucleus … Read more