‘Make In India‘ was launched on 15th August 2014 to usher India in a manufacturing boom, intending to displace China as the ‘go to nation’ to manufacture and procure everything (literally). The aim of the current government was to create …
The Make In India online monitoring system is developed by Department of industrial Policy and Promotion. Once, logged in the state ranking based on the results of Make In India program could be viewed.
Undoubtedly one of the largest projects under the ‘Make in India’ initiative, US fighter jet maker Lockheed Martin is ready to manufacture F-16 jets in India. Though no time-frame was committed to have the plant operational, US supports the ongoing talks between the two countries to set up the facility.
Disclosed under RTI, the logo of the much-hyped Make in India initiative was designed by Weiden+Kennedy India Limited. Founded in Portland, Oregon, it is one of the largest independently owned advertising agencies and was hired by Govt of India for Rs 11 crore for advertising and promotion of the campaign.
The plants will be set up in Rajasthan, Telangana and Andhra Pradesh and start operations by next year. The company aims to reduce the imports from China by increasing the production. The company will invest Rs 100 crore in each plant. Micromax currently has an assembly unit in Rudrapur, Uttarakhand.
The ministry of human resource development has asked the IITs to give a preferred slot to core engineering companies. IIT-Bombay obliged and has given 11 slots out of 30 starting from day 1. IIT Madras has also moved up these companies by several days in the schedule, although IIT-Kharagpur and Delhi did not.
While tweeting with the hashtag #MakeInIndia, one will see an emoji of a black lion against an orange background.It is the first non US brand which got a Twitter emoji. The campaign has seen nearly 500 million impressions this year and received a large number of positive tweets from US, Japan and UK.
OnePlus will manufacture at ‘Foxconn’s Rising Stars factory’ within the Sri City Integrated Business City in the state of Andhra Pradesh by end of 2015. The facility will have a cumulative peak capacity of producing up to 500,000 units per month. The facility will also generate more than 1000 jobs.
Aimed towards ending dependence on imports to meet its demand, Intex will develop this facility spread over 20 lakh square feet area in three years. It will have a capacity to not only produce about 35 million phones but also produce LED televisions, washing machines and other computer peripherals.
Gionee will be investing $50 million in the next 3 years on manufacturing in India, which will happen at facilities of Dixon and Foxconn which are based at Delhi-NCR and Andhra Pradesh respectively.Production starts in Oct and they have a capacity of more than 1.2 Million handset per month between them.
Currently, selling of goods by companies with manufacturing units was allowed in B2B and not in B2C. Once done, the move will have an impact on the contribution of manufacturing in GDP and is likely to go up from 16% to 25% in the span of the next 10 years.
The share of locally manufactured/assembled mobile handsets in India went up to 24.8% during Q2 2015 from 19.9% during Q1 2015. The share of locally made devices is expected to rise with Xiaomi, Lenovo, Gionee and Sony all setting up local assembly units in the country.