Search Result for : Made In India

Apples iPhone SE local production to start this month

The Dollar Business Bureau US-based technology giant Apple Inc on Wednesday said it is starting initial production of iPhone SE in a ‘small number’ in Bengaluru and begin the shipping of its ‘Made in India’ phone to domestic consumers this month. “We are beginning initial production of a small number of iPhone SE in Bengaluru. iPhone SE is the most popular and  powerful phone with a four-inch display in the world and well begin shipping to domestic customers this month,” the company said. Earlier, in February, the government of Karnataka had announced the proposal of Apple to begin initial manufacturing process in Bengaluru. Priyank Kharge, IT Minister, Karnataka government had said on March 30 that Apple Inc would be ready to commence the assembling of iPhones in Bengaluru within a ...

Authentication Forum targeting counterfeiting launched in New Delhi

The Dollar Business Bureau In a strong move against counterfeiting and enabling the “Make-Sure-India” movement in the country, India’s first two-day authentication conference cum exhibition – The Authentication Forum 2017 opened on Feb 13 at The Taj Mahal Hotel, Man Singh Road, New Delhi. This forum is organised by Authentication Solutions Providers Association (ASPA) and Messe Frankfurt India (MFI) jointly. A high-profile panel of experts including government authorities and technology specialists have come together in New Delhi to mark the launch of this important platform which was inaugurated by B K Prasad (IAS), Member – Secretary, National Commission for Denotified, Nomadic & Semi-Nomadic Tribes, Ministry of Social Justice and Empowerment along with P. V. Rama Sastry, Joint Secretary – Department of Consumer ...

Suzuki to export made in India motorcycle model Gixxer to Japan

The Dollar Business Bureau Two wheeler manufacturer Suzuki Motorcycle India Pvt Ltd (SMIPL) said on Wednesday that the company will export its made in India motorcycle Gixxer to Japan. This is for the first time that a motorcycle manufactured by SMIPL is being shipped to the Japanese market where its parent firm Suzuki Motor Corporation (SMC) is headquartered. SMIPL has already shipped the first consignment to the Japanese market. “The Gixxer model has already been exported to other countries such as Latin America and other surrounding countries. Exporting of ‘Made in India’ vehicles to Japanese market indicates the high benchmarks of quality established by the company and its increasing global role,” Satoshi Uchida, Managing Director, SMIPL said in a statement. The export of Gixxer to Japan ...

Renault plans to increase volumes in India annually in sub-four metre section

The Dollar Business Bureau Chasing volumes in India, French car major Renault plans to launch more products in the high selling sub-four meter category even as it prepares to get past 5% market share by the end of 2017.The company, which currently sells five models in the country including SUV Duster and hatchback Kwid, plans more 'Made in India' products and to introduce one new car each year as parts of its "product development strategy"."In India most of the cars -- over 70% are less than 4 meters. The weight of mini segment where we have Kwid is 25%. So we have a large space to make our portfolio," Renault India Operations Country CEO and Managing Director Sumit Sawhney told the ...

Exports to get clearance in a day under green channel

The Dollar Business Bureau A new green channel, Make in India, seeks permission for 'warehouse to wharf ' shipment in a day for any made in India product, in order to give a boost to domestic manufacturing and exports. According to official sources, the time for cargo clearance will lessen down from a week to a few hours, under the new facility which will be started at certain ports in a month.  A new platform that is being created will help the companies to get information about when to transport goods from warehouses or factories, so that they do not have to waste time at the ports. The Single Window Interface for Facilitating Trade or the SWIFT system, started in April by ...

India exports metro coaches to Australia

The Dollar Business Bureau    The government has shipped a batch of six metro coaches to Australia as part of a deal to export 450 made-in-India coaches in two and a half year period.   The maiden consignment of six metro coaches built in Baroda manufacturing plant was shipped from Mumbai Port recently. “This is the first shipment of the planned 450 coaches that will be exported to Australia over two and half year period,” Shipping Ministry said in a statement on Friday. The coaches are 75 feet long and weigh 46 tonnes each. The Mumbai Port Trust has carried out the entire stevedoring operation (loading into ship) of these oversized metro coaches without any help from private operators. “Mumbai Port holds ...

Made in India along with Make in India highlighted in industry meet

By Sai Nikesh | The Dollar Business Shiv Kumar Rungta, President, The Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI), addressing the delegates who came to attend a two-day event on ‘Make in India-Opportunities and Challenges’ by FTAPCCI   The Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI), on Friday, conducted a seminar on ‘Make in India-Opportunities and Challenges’. The event that was primarily focused on ‘Make in India’ also witnessed a pitch for the ‘Made in India’ initiative, which was highlighted by key speakers at the event. Speaking at the event, Shiv Kumar Rungta, president, FTAPCCI, stressed on key sectors like services (mainly in IT), mechanization of Agriculture sector for achieving increased ...

Moodys predicts overall growth rate of 7.3% for 2015, the lowest

The Dollar Business Bureau “India’s first quarter growth rate is tracking around 7.3% YoY, a slowdown from prior quarters, but we expect this softness will prove temporary, with improving domestic demand to help India’s gross domestic product (GDP) grow 7.3% for all of 2015,” says a Moody’s Analytics study. India’s economy is on a cyclical upswing. Forward-looking indicators suggest domestic demand is gathering momentum. Low inflation has enabled the Reserve Bank of India to cut interest rates by 50 basis points in early 2015, easing pressure on the private sector. Lower rates as well as the government’s infrastructure and disinvestment programs should provide a boost to domestic-oriented industries, the study said and added, the government has begun selling public assets ...