From day one, Make in India was driven by optics than economics. There were global summits, slick visuals, and media blitzes. But the real machinery never showed up.
India is the fourth largest and fastest-growing aviation market after the US, Russia, and China, valued at a mind-boggling $16 billion in FY25. It is expected to grow threefold by 2033.
Gujarat will focus on manufacturing of satellites & payloads, Tamil Nadu on launch vehicles, and Karnataka will look at the overall manufacturing and assembling.
Simplify compliance. Repair regulatory logjams. Provide transparent and equitable access to credit. Above all, change the culture—to one that celebrates effort.
A researcher at the Shanghai Institute of International Studies argues that India has aligned itself with the US since the trade war began, seeking favourable terms to attract relocating industries.
At the launch of Satya Mohanty's book, ‘Unpolitically Correct’, Tharoor discussed the successes of India’s vaccine diplomacy and the failure of its initiatives to tackle unemployment.
As Modi’s podcast remarks reshape India-China ties, global media highlights stalled manufacturing goals, weak administrative efficiency, and economic hurdles in India’s PLI scheme.
Driving an electric vehicle for months, the Hyundai IONIQ5, BMW iX and now the Kia Carens Clavis electric, has convinced me of the viability of EVs for city and mid-range commutes.
With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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