MAKE IN INDIA
PM urges NDA MPs to turn Swadeshi into mass drive
Prime Minister Narendra Modi urged NDA MPs to promote 'Swadeshi' goods during the festival season, emphasizing 'Make in India' and organizing related events in their constituencies. He addressed challenges arising from India's rapid economic growth and highlighted reforms in GST, urging MPs to ensure benefits reach the common man.
CIL mulls setting up data centres in decommissioned mines to boost digital infra, sustainability
Coal India Limited is exploring the feasibility of establishing data centers in its decommissioned mines, aiming to capitalize on existing infrastructure and contribute to India's growing digital capacity. The initiative aligns with the Digital India and Make in India missions, repurposing redundant mining assets for high-value infrastructure.
Audio player QCY forays into India, to set up manufacturing facility in Haryana
Global audio giant QCY is entering the Indian market, planning a manufacturing plant in Manesar, Haryana, with significant investment. Targeting a USD 75-100 million value share by 2026, QCY aims to boost India's wearable tech growth under the Make in India initiative. Six new flagship products across TWS, headphones, and speakers are launching this festive season.
ET Make in India SME Regional Summit, Kolkata, showcases Bengal’s tech-tradition blend amid labour and tariff hurdles
The ET Make in India SME Regional Summit is a nationwide series of on-ground events aimed at bringing together local MSMEs, policymakers, enablers, and key industry stakeholders.
BrahMos, Akashteer and more: India eyes global arms market after showcasing weapons in Pakistan clash
The skies lit up during the four-day clash between India and Pakistan in May as drones were blasted from the air by missiles that showcased what New Delhi believes is a "new vision" of warfare. "The operation was a sign of the new art of warfare, a glimpse of a new vision, technological advancements and self-reliance," Defence Minister Rajnath Singh said in August.
CAIT to launch campaign to boost consumption of Swadeshi products
Confederation of All India Traders will soon launch a campaign. This encourages traders to promote 'Swadeshi' products. The aim is to boost local consumption.
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India's first telecom system with indigenous chips gets TEC certification: IT Minister Ashwini Vaishnaw
India's semiconductor ambitions receive a boost as a telecom system powered by domestically manufactured chips secures TEC certification, signaling a significant stride towards technological self-reliance. This achievement underscores India's growing capabilities in semiconductor design and positions it as a credible player in the global telecom and electronics landscape.
Next-Gen GST reforms will help states as demand and compliance rise: Gujarat CM Bhupendra Patel
Gujarat Chief Minister Bhupendra Patel anticipates short-term effects from GST reforms but foresees long-term benefits for farmers, MSMEs, and the middle class. He assures support for exporters facing US tariffs, emphasizing collaboration between government and the private sector.
India's food processing sector projected to reach $535 bn by FY26 end
India's food processing sector, projected to reach USD 535 billion by 2025-26, is driven by rising consumption and government initiatives. The organic food market is expected to grow significantly, reaching USD 10.8 billion by 2033. Industry experts emphasize the importance of food ingredients, packaging, and adherence to global standards for sustained growth and global recognition.
GST rationalisation in textiles to remove distortions, support exports
The government's GST rate rationalisation for the textile sector aims to boost the industry towards a $350 billion target by 2030. Key changes include reduced GST on garments and fibres, making apparel more affordable and correcting the inverted duty structure.
GST rate cut on raw materials offers lifeline to struggling fertilizer manufacturers
The reduction in GST rates on key fertilizer raw materials like sulphuric acid and ammonia to 5% has relieved the industry, according to SFIA. This move addresses a long-standing tax disparity where inputs were taxed at 18% while finished fertilizers were at 5%, easing liquidity pressures and benefiting MSMEs.
QCY forays into Indian market, to set up manufacturing facility in Manesar
QCY, a Bluetooth headphone maker, plans to start manufacturing in India. They aim for a significant market share by 2026. The company will invest in manufacturing, research, and distribution.
India has a big import substitution opportunity in chemicals sector: SRF
India's burgeoning economy presents a significant $25-30 billion import substitution opportunity in the chemicals sector, according to SRF's chairman, Ashish Bharat Ram. As India's economy expands, local capacity building for chemicals previously imported becomes viable.
Kolkata to host the ET Make in India SME Regional Summit on September 4
The ET SME summit serves as a platform providing networking opportunities to local small businesses and industry leaders.
BJP to launch three-month-long 'Aatmanirbhar Bharat Sankalp Abhiyan' from September 25
The Bharatiya Janata Party (BJP) will launch a three-month-long 'Aatmanirbhar Bharat Sankalp Abhiyan' from September 25 to December 25, 2025, to promote Prime Minister Narendra Modi's vision of Swadeshi and self-reliance amid US President Donald Trump's recent tariff escalation against India.
Apollo Micro Systems 140% gain is 2x higher than every other defence stock. Can you buy it now?
Apollo Micro Systems has given investors great returns. The company's stock has performed better than other defence stocks. Its financial results are strong and orders are increasing. The company is expanding into exports and new technologies. Government initiatives are helping the defence sector grow. Experts believe the stock will continue to perform well.
Su-57 in India? Moscow exploring cost of Make-in-India, technology transfer of fifth gen fighter jet
Russia is studying investments to build Su-57 fighters in India, with Hindustan Aeronautics Limited and other local plants named as possible production partners, defence sources told ANI. Reuters reported Rosoboronexport offered full technology transfer and said local manufacture could protect supply lines from Western sanctions. India seeks two to three fifth generation squadrons and is also developing its own programme. Officials say final decisions will hinge on investment, cost, technology transfer and wider strategic considerations national defence and industry priorities.
ET MSME Awards 2025: Are you powering India’s export growth? Nominate yourself for the Top Exporter Award
The ET MSME Awards celebrate the country’s top exporters and their global achievements.
India's first indigenous water-soluble fertiliser technology to cut Chinese import dependence
India has achieved a significant breakthrough in fertilizer technology, developing its first indigenous water-soluble fertilizer production process after seven years of research. This "Make in India" initiative, supported by the Ministry of Mines, aims to reduce the country's heavy reliance on Chinese imports.
Big boost for defence Make in India: Rajnath reveals key info on upcoming indigenous powerful jet engine
As India continues to navigate the complexities of global politics and security challenges, its commitment to defence self-reliance is more critical than ever. The government’s focus on building a robust domestic defence industry not only aims to enhance national security but also aspires to position India as a formidable player in the global defence landscape.
Ashwini Vaishnaw inaugurates India's 1st manufacturing plant for 'tempered glass'
Speaking to reporters, the Union Minister stated that India has been importing tempered glass for phones, but with the inauguration of this new plant, the country will manufacture about 2.5 crore tempered glasses. He further credited Prime Minister Narendra Modi's 'Make in India' program for increased electronics manufacturing in the country in the last 11 years.
Electronics manufacturing now employs 2.5 million in India : Ashwini Vaishnaw
The electronics sector employs 2.5 million, said minister Ashwini Vaishnaw at the launch of Optiemus Infracom’s Noida tempered glass facility. Backed by Corning technology, the plant will serve a $1 billion domestic market and exports, scaling to 200 million units with Rs 870 crore investment, generating 5,100 direct jobs.
Tejas fighter jets: First two Mark 1A variants may be delivered by September end, says Defence Secretary
Referring to unmanned platforms, Singh pointed out that indigenous industry had already shown results in the aftermath of recent Operation Sindoor. “Right after Operation Sindoor, we have done many trials with our leading drone manufacturers some of them have passed most of the tests. This was a reality check in many ways,” he said.
Come, make in India, and make for the world: PM Modi to Japanese investors
Prime Minister Modi, during his visit to Japan, invited Japanese investors to leverage India's potential as a global manufacturing hub. He highlighted India's advancements in technology, green energy initiatives, and infrastructure projects like the Mumbai-Ahmedabad high-speed rail. Modi emphasized the mutually beneficial strategic partnership, encouraging Japanese businesses to invest in India and contribute to the development of the Global South.
Need to fine-tune PLI scheme, develop raw material ecosystem for medtech sector growth: Report
A CII-BCG report suggests fine-tuning the PLI scheme and developing the raw material ecosystem to boost India's medtech sector. The aim is to achieve a 10-12% share of the global market, reducing import dependency. Strategic initiatives include rationalizing import duties, attracting MNCs, and strengthening public-private collaboration for innovation.
A forward-looking defence acquisition policy can unlock foreign tech transfer and investments
India is set to collaborate with France's Safran for indigenous jet engine development, aligning with the nation's self-reliance push in defense. A review of the Defence Acquisition Procedure 2020 is underway to address inefficiencies and attract foreign technology transfer. Policy shifts aim to boost local manufacturing and exports, but stakeholder interests and FDI inflows remain key challenges.
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