MANUFACTURER

  • Delhi to get 1,000 Wi-Fi hotspots by February next year 23 hours 2 minutes ago

    New Delhi: The Aam Aadmi Party government on Monday said that it would provide 1,000 Wi-Fi hotspots by February next year across the national capital. The Government is also contemplating providing Wi-Fi in 5,000 buses of Delhi Transport Corporation (DTC) and also lay a common fibre infrastructure in the city. Delhi Government...
  • Lapsed tenders hurt Narendra Modi's 'Make in India' defence industry push April 8, 2015

    New Delhi: Indian firms have spurned some $15 billion worth of government tenders to make a range of weapons since 2013, Defence Ministry officials say, in a blow to Prime Minister Narendra Modi and his drive to wean the country off imported arms. Executives cited unrealistic quality demands from a military...
  • Xiaomi to 'Make in India' in 12 to 18 months March 13, 2015

    New Delhi: Chinese smartphone maker Xiaomi said it would invest further and begin local production within 12 to 18 months in India, one of the world's fastest-growing markets and currently dominated by Samsung Electronics and local firms like Micromax. The five-year-old Chinese company, whose name means "little rice," entered the Indian...
  • 'Make in India' gets a prominent place in Union Budget 2015, Arun Jaitley refers to it 10 times February 28, 2015

    New Delhi: One of Prime Minister Narendra Modi's pet slogan 'Make in India' got a prominent place in Union Budget 2015. Finance Minister Arun Jaitley referred to 'Make in India' scheme 10 times during his Budget speech in Parliament on Saturday. He said the Make in India programme is aimed at...
  • Budget 2015: Tariff on imported commercial vehicles raised to 20 per cent February 28, 2015

    New Delhi: In order to push local manufacturing, Finance Minister Arun Jaitley increased effective tariff on imported commercial vehicles from 10 per cent to 20 per cent, making the import of completely built units expensive. "Tariff rate on commercial vehicles is increased from 10 per cent to 40 per cent and...
  • Union Budget 2015 should focus on manufacturing: Experts February 27, 2015

    "Union Budget 2015 should focus on manufacturing and should spend money on infrastructure. The Budget must stick to the Fiscal Deficit target," say experts. ...
  • Rail Budget 2015: Have single window clearance for infra cos, says BMR February 25, 2015

    Revival of investor confidence is key to put economy back on a growth trajectory. The National Manufacturing Policy ("NMP") and the 'Make in India' campaign (along with the National Manufacturing Competitiveness Programme) is expected to position India as the 'business partner' for creating a 'world class manufacturing hub'. While manufacturing...
  • 2015-16 Budget to assume growth of 8-plus per cent: source February 16, 2015

    New Delhi: Revisions to economic output data mean that Finance Minister Arun Jaitley's upcoming Budget should assume that the economy will grow by at least 8 per cent in the 2015-16 fiscal year, a government source said. India has changed the way it measures economic activity to conform with international standards,...
  • Union Budget 2015: Auto makers wants excise duty reduction February 8, 2015

    New Delhi: Automobile industry body SIAM wants Finance Minister Arun Jaitley to reduce excise duty on automobiles in the upcoming Budget to help the sector combat demand slowdown. Besides, measures towards restarting stalled infra projects to help revive demand particularly of commercial vehicles should also be put high on the agenda,...
  • China industrial activity shrinks in December, calls grow for more stimulus December 16, 2014

    Beijing: Activity in China's factory sector contracted in December for the first time in seven months, the latest in a string of weak economic indicators that will intensify calls for more stimulus measures to head off a hard landing. The flash HSBC/Markit manufacturing purchasing managers' index(PMI) fell to 49.5 in December...
  • Manufacturing growth may moderate in December quarter: FICCI November 23, 2014

    New Delhi: The country's manufacturing sector is likely to witness a moderate growth in the third quarter of this fiscal, according to a FICCI survey. Showing signs of recovery, industrial production grew at a three-month high of 2.5 per cent in September on account of better mining and manufacturing output....
  • Egyptian PM praises Indian manufacturing facilities October 29, 2014

    Cairo: Prime Minister Ibrahim Mehleb has praised the scale of the Indian manufacturing facilities in Egypt as he visited a chemical plant with the largest Indian investment in the country. Mehleb visited TCI Sanmar plant, the largest Indian investor in Egypt's chemical business, in Port Said with six cabinet ministers...
  • Andhra: Toll in cracker manufacturing unit explosion climbs to 17 October 21, 2014

    Hyderabad: The toll in the explosion at a fire cracker manufacturing unit at Vakatippa village in East Godavari district on Tuesday rose to 17 with six more persons succumbing to burns at a local hospital, police said. The toll in the explosion has now climbed to 17 from 11, after six...
  • Fireworks manufacturers wary of influx of Chinese crackers October 13, 2014

    Sivakasi: With less than 10 days to go for Diwali, Tamil Nadu fireworks manufacturers are gearing up for the festival with new varieties of crackers to compete against those made in Chinese as their influx was posing a threat to the Rs 3000-crore domestic industry. Eight new varieties of crackers have...
  • PM Modi's 'Make in India' pitch to grow louder, campaign to be launched today September 25, 2014

    New Delhi: A day after the successful entry of Mangalyaan into Mars orbit, Prime Minister Narendra Modi will launch the 'Make In India' campaign in the capital on Thursday. The campaign is expected to give a collective thrust to manufacturing in India and will seek greater foreign investment in the...
  • Manufacturing cost of the $650 iPhone 6 is $200, $750 iPhone 6 Plus costs Apple $216 September 24, 2014

    San Francisco: Apple's largest iPhone is selling for $100 more than its other new model, but an outside research firm estimated Tuesday that it costs Apple only $15.50 more to make the more expensive version. Apple said it sold more than 10 million of the new iPhone 6 and iPhone 6...
  • Merino industries to set up new manufacturing plant in Gujarat September 14, 2014

    New Delhi: Merino Industries' readytocook brand Vegit is looking at setting up a new manufacturing plant in Gujarat with an investment of Rs 50 crore. The plant is expected to be operational by year 2017. "We are looking at a second manufacturing plant in Gujarat with an investment of Rs...
  • 'Concerted policy push to add 69 million nonagriculture, 11 million manufacturing jobs' September 11, 2014

    Mumbai: Although the new government has undertaken measures that generate employment, a comprehensive 'projobs policy' will help add 69 million nonagriculture and 11 million manufacturing jobs by 2020, credit rating agency Crisil said on Thursday. "The government needs to take more steps towards projobs policy to structurally alter the country's...
  • Change India: Ideas to influence manufacturing sector of the country August 31, 2014

    In a special series Change India, CNBC TV18 discusses why Narendra Modi's vision, related to manufacturing sector, needs to be followed up with a suitable policy. ...
  • Plagued by ills, India's manufacturing sector takes Modi's 'Make in India' with a pinch of salt August 18, 2014

    New Delhi: Prime Minister Narendra Modi's 'Make in India' vision might prove to be a little difficult to realise as India's manufacturing sector continues to be plagued by a number of ills. Industrialists across the country took Modi's words with a pinch of salt as ground realities present a completely...
  • No commercial interest in erickshaw: Nitin Gadkari July 1, 2014

    New Delhi: Transport Minister Nitin Gadkari on Tuesday dismissed reports that his family has links with a firm manufacturing e rickshaws and asserted that he has no commercial interest in the sector manufacturing them. An official statement explaining his position came in the wake of media reports claiming that PGT, a...
  • Factory owner killed, two others injured in blast at plastic sheet manufacturing unit June 28, 2014

    A factory owner was killed and two others were injured following a blast in a plastic sheet manufacturing unit in Govindpura Industrial area here, police said on Saturday. The incident occurred last evening when the unit owner identified as Devendra Gupta (40) accidentally mixed a chemical with another resulting in an...
  • Manufacturing, ease of doing business discussed in PM's meeting June 24, 2014

    New Delhi: Steps to boost manufacturing and ease of doing business in India were discussed at a meeting called by Prime Minister Narendra Modi with officials of four ministries on Tuesday. Secretaries at departments of industry, heavy industry and public enterprises apprised Modi of various issues related to their sectors in...
  • Narendra Modiled government likely to boost job market in India: Experts May 14, 2014

    New Delhi: With exit polls predicting a Narendra Modiled government, experts are anticipating a spurt in the job market on the expectation that the BJP leader would revive the economy, particularly the manufacturing sector. HR consultancy firm Unison International has estimated the job market to grow by at least 30 per...
  • Six killed in firecracker manufacturing unit explosion May 13, 2014

    At least six people were killed in an explosion at a fire cracker manufacturing unit in Uttar Pradesh, police said Tuesday. The accident occurred on Monday in Sultanpur district's Jaitapur village and killed six members of a family Chand Babu (20), Islam (18), Ajay Bheem (20), Mohd Ramzan (12), Mohd...
  • Manufacturing PMI rises to highest since March 2013 February 3, 2014

    Bangalore: Indian factories started 2014 on a high note, with activity growing at its fastest pace in nearly a year as domestic and overseas orders increased, according to a survey that also showed inflation accelerated. The HSBC Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, bounced to 51.4 in January, its...
  • Apple to open manufacturing plant in Arizona November 5, 2013

    Seattle: Apple Inc will open a manufacturing facility in Arizona in partnership with mineral crystal specialist GT Advanced Technologies Inc to make sapphire materials for Apple's popular electronics devices. The project will provide 700 manufacturing jobs in the first year and 1,300 construction and associated jobs in Mesa, Arizona, according to...
  • Haunted house business gets boost as techs up thrill ante October 19, 2013

    Philadelphia: Ed Terebus was an 18yearold high school student when he and his big brother Jim, a laidoff auto worker, decided to build their first haunted house 34 years ago. The Terebus brothers charged visitors $1.50 per head to tour their creation, which was set up in a trailer and featured...
  • Maruti Suzuki September sales up 11.7 per cent October 1, 2013

    Country's largest carmaker Maruti Suzuki India (MSI) on Tuesday reported 11.7 per cent increase in total sales in September at 1,04,964 units as against 93,988 units in the same month last year. The company said its domestic sales increased by 1.8 per cent during the month to 90,399 units as against...
  • Rupee fall causes an increase in the prices of gadgets August 30, 2013

    New Delhi: People planning to upgrade their gadgets might be forced to think again as most manufacturers are being forced to increase the prices of their products despite the fear of losses with the price rise coming just ahead of the festive season. The customers who want to upgrade their...