Rolls-Royce Aims to Make India Its Third Home Market
Rolls-Royce announced on Sunday that it aims to make India its Home Market, with the primary goal of identifying opportunities across a range of domains, including jet engines, naval propulsion, land systems, and advanced engineering. Sashi Mukundan, the executive Vice President of Rolls-Royce India, said in an interview, mentioning the current significant move of big…
Yash Sharma
Apple to Boost India’s Manufacturing with ‘Made in India’ AirPods
Apple is doubling down on its commitment to the ‘Make in India’ initiative by gearing up to produce AirPods locally for export. This move makes AirPods the second product category—after iPhones—to benefit from India’s production-linked incentive (PLI) scheme. Launched in September 2014 by the Prime Minister, ‘Make in India’ is part of a broader vision…
Shipra Prajapati
Vertiv Successfully Launches Manufacturing Facility
Vertiv, a US-based provider of cooling solutions, critical digital infrastructure, and continuity solutions, successfully inaugurated its 3rd state-of-the-art manufacturing facility in Chakan, Pune. The facility’s sole purpose is to meet the increasing demands for data centres and supports rapidly growing infrastructure in India. According to the company, this is Vertiv’s 3rd manufacturing facility in India,…
Vipin
Karnataka Government Approves Projects Worth $4.09 Billion
In an attempt to uplift the state’s economy, the Karnataka government has approved 14 investment projects worth $4.09 billion. According to the state authority, these projects have the potential to generate around 13,308 jobs in Karnataka. Out of the 14 approved projects, 10 are brand new, while the remaining 4 are old projects planned to…
Aman Goyal
Indian Defence Ministry Imposes Import Ban On 928 Items
The Indian Defence Ministry banned the import of 928 defence items, including subsystems, spares, line replacement units, and components of military equipment and platforms. The PSU defence takes this step to promote the “Make In India” movement. It is the fourth list of indigenisation components that have been placed under the import ban policy over…
