No-more chakravyuh for MSMEs in defence-deals, Ravi Thodge
Sairaj Iyer Government contracts could be a great avenue for start-ups and MSMEs, but many perceive it to be a complicated route, similar to a confusing chakravyuh. Lt. Gen Ravi Thodge, ASVM, SM, VSM and Master General Ordinance with the Indian army (retd.) highlighted that this chakravyuh is fast disappearing. Speaking to a gathering of MSMEs at the World Trade Center, he shared that a defence-MSME partnership would not only help start-ups, but also offer the army indigenized products and local support. Speaking about how the initiative has been lacking over the past few years he said, “The basic desire to work with the army is lacking. In the past 2 years, I have been travelling and interacting with various MSMEs, and ...
India committed to imports-free electronics sector by 2020
Sai Nikesh | The Dollar Business In view of the growing domestic demand and to curb imports in future, the Government of India announced plans to provide proper infrastructure support to the electronic manufacturing sector in the country. In this regard, the government will be investing $10 billion in chip manufacturing facilities coming up in Gujarat and Uttar Pradesh, where a consortium of manufacturing firms have come up to set up the production bases. This was informed by RS Sharma, Secretary, Department of Electronics and Information Technology (DeitY), Government of India, in New Delhi on Thursday. Addressing the first Indian Electronics Expo organised by Electronics and Computer Software Export Promotion Council (ESC), the official also informed India’s move to invest ...