makeinindia

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 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.

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.