The Government of India has announced the National Manufacturing Policy on November 4, 2011 with the objective of enhancing the share of manufacturing in GDP to 25 per cent and creating 100 million jobs over a decade or so, said the Union Minister of State in the Ministry of Commerce and Industry EM Sudarsana Natchiappan in Rajya Sabha on December 11.
Category: ECONOMY & POLICY
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ExpertspeakTowards independent governance
Arguing that PSUs must be made more independent, UD Choubey explains how better vigilance can make institutions more transparent and ensure they are the custodians of public money that they are meant to be.
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Diversification and innovation are essentials
PSUs now believe in diversification a railside warehousing PSU is now expanding into cold chains, SEZs and FTZs. Vinod Asthana, MD, CRWC, tells Garima P and Shashidhar Nanjundaiah why this is a natural progression in the competitive world of logistics.
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On a strong pitch
It should be no surprise that PSEs emerge right on top when it comes to efficiency and performance, given their inherent rather than acquired advantages. But, writes Maya Sinha, the flip side is that they have not redefined their own strengths to achieve better productivity the very accountability that defines PSEs is hampering speedy execution.
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Ajax fiori to invest Rs 1,000 mn
Ajax Fiori as part of its focused expansion plan has re-branded itself to aggressively strengthen its position as manufactures of self-loaders, batching plants and pumps that are productive, economic and make investment sense. Ajax Fiori as part of its expansion plan has opened a Parts Logistics Centre and corporate office of 30,000 sq ft in Peenya, Bangalore.
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Ajax fiori to invest Rs 1,000 mn
Ajax Fiori as part of its focused expansion plan has re-branded itself to aggressively strengthen its position as manufactures of self-loaders, batching plants and pumps that are productive, economic and make investment sense. Ajax Fiori as part of its expansion plan has opened a Parts Logistics Centre and corporate office of 30,000 sq ft in Peenya, Bangalore.
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Danish delegation visits APM Terminals CFS
Nick Haekkerup, Minister for Trade and Economic Affairs, Denmark and Freddie Svane, Denmark's Ambassador to India, along with an eight member delegation, visited the Dadri facility APM Terminals India recently. The visit provided the delegation an opportunity to tour the APM Terminals facility in North India and understand its role in lifting global trade.
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Big projects to miss deadlines
For the current financial year, the government will not meet its infrastructure investment target as hardly any progress made in five of the nine projects identified by the Planning Commission in consultation with the Prime Minister´s Office (PMO). In this background, the PMO has been suggested to review the infrastructure targets set in June based on the progress on each of the identified projects.
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Big projects to miss deadlines
For the current financial year, the government will not meet its infrastructure investment target as hardly any progress made in five of the nine projects identified by the Planning Commission in consultation with the Prime Minister´s Office (PMO). In this background, the PMO has been suggested to review the infrastructure targets set in June based on the progress on each of the identified projects.
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Japanese firms to build industrial township near Chennai
Japanese companies will build manufacturing facilities near Chennai. Japanese companies- Hitachi Automotive Systems, Ajinomoto and Takasago International Corporation are among the early players to enter into agreement with Ascendas and a Japanese consortium in setting up a 1,450-acre integrated industrial township, 50 km south of Chennai. Ascendas said that it has entered into agreements with the three companies to take up space at the township.