Speaking at a CII summit, Nirmala Sitharaman says 99% of phones sold in India are made in the country and that 60% import substitution has been achieved in the telecom sector.Speaking at a CII summit, Nirmala Sitharaman says 99% of phones sold in India are made in the country and that 60% import substitution has been achieved in the telecom sector.
Inaugurating new smartphone manufacturing unit in Noida, Union Minister of Electronics & IT Ashwini Vaishnaw says govt’s PLI scheme led to incremental job creation of 5,00,000 in the industry.
Europe's share in Indian exports has gone up while Asia’s share is declining. The problem for India is: Europe’s economy is expected to struggle while Asia is set to drive global growth.
On latest episode of ThePrint’s Off The Cuff, the founder of India Foundation talks about growth of the Indian economy and the way ahead to become a 30-trillion economy by 2047.
June's S&P Global Manufacturing Purchasing Managers' Index was 57.8, down from May's 58.7 and below Reuters' 58.0 estimate. The index has been above 50 for the last two years
Better-than-expected GDP growth in FY23 made possible by 6.1% jump in January-March quarter. Private consumption revival, sustained investment growth key to maintaining momentum.
Though production of 8 core infrastructure sectors slowed to a 5-month low in March, other manufacturing and services indicators paint an optimistic picture of the economy.
Ventures by Japan, South Korea and Taiwan illustrate how the race for REE security is accelerating, powered by both geopolitical tension and industrial strategy.
ThePrint had previously reported that India & Russia are talking about 5 more regiments of the S-400, but no contracts are to be signed during the Russian president's visit.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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