makeinindia Archives - NextBigWhat

Transfer pricing for an Indian subsidiary – Doing business in India [Whiteboard Friday]

If you have an Indian subsidiary, either as a cost centre or a profit centre, any international transactions done with the parent entity or any other of your own company,…

Compliances for an Indian subsidiary – Doing business in India [Whiteboard Friday]

If you have an Indian subsidiary, either as a cost centre or a profit centre, you need to keep it compliant under various applicable laws. These law vary from Company…

Setting up an Indian subsidiary – Doing business in India [Whiteboard Friday]

If you are looking to do business in India, you can set up a company in multiple ways like Private Limited company or an LLP depending on what your objectives…

'Country of origin' label now mandatory on Govt's e-procurement portal

The government’s e-procurement site GeM made it mandatory for sellers to disclose the ‘Country of Origin’ on the products they list on the platform. It also introduced a provision for sellers to indicate the percentage of local content in each product.

Tech

Maruti Suzuki asks spare-part makers to produce key auto parts locally

Maruti Suzuki India’s MD Kenichi Ayukawa has urged the local parts manufacturers to start making electric components and other key auto parts in India. He stated that developing R&D centers…

‘A country with no jobs’ for young engineering graduates of India

‘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…

Digital India

Govt. To Monitor States And Rank Them Based On ‘Make In India’ Results, Creates A Dashboard

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.

FYI
Tech

Get This: US Ready To Manufacture F-16s In India!

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.

Eat This : “Make In India” Logo Was Not Designed By An Indian Firm

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.

Micromax To Invest Rs 300 Crore And Set Up New Manufacturing Units In India #MakeInIndia

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.

To Boost Make In India Initiative, Government Asks IITs To Focus On Core Engg Recruiters

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.

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