Make in India (MI) is not a government programme, beyond the terms of facilitation that any Union government can provide to boost industrial growth (in the manufacturing sector). This has been done through an invitation of policy changes to create interest and investment to meet the inevitable growth trajectory in business processes.
Tag: Make In India
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India is a Bright Spot Amidst a Dim Global Outlook
There have been multiple evaluations of the recently launched 'Make in India' campaign and the subsequent projects that have been undertaken by the government to improve and enable the economic growth of the Indian maritime clusters. In this light, Elektrans Group is all set to further expand its footprint globally as well as within their home base in India.
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Sustaining Smart Cities
Smart City' is a popular term that has been linked to most, rather, all the upcoming urban big-ticket projects ù be it private or public. Simply put, a Smart City is a social settlement that is near-perfect and is self sustaining.
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Energising India
The power sector in India is set for explosive growth following the stated policy objective of the Union government to provide 24x7 power to all households by 2019.
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Recovery from demonetisation is a foregone conclusion
There is definitely going be a short-term impact of demonetisation on the industry. The November 2016 sales of two-wheelers, four-wheelers and the automotive industry in general has taken a beating.
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The warehousing sector is going to experience a sea change in its structure
With the total warehousing space requirement in the country´s top seven markets expected to grow from 621 mn sq ft in 2016 to 839 mn sq ft by 2020, the warehousing sector has shown tremendous traction in the past couple of years. Further, investment in warehousing can provide an opportunity of realising returns in the range of 10-24 per cent per annum.
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GST will help companies reduce logistics costs by up to 1.5percent
According to me every move has an advantage and a disadvantage. The business success depends on the ability of a company to factor in variables and continue to stand firm.
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GST will reduce the share of the unorganised sector in warehousing
The GST is a value-added tax that will replace all other indirect taxes in India. One purpose of the GST is to make taxes ´destination´ based rather than origin based, or ´efficiency´ based rather than ´regulation´ based.
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Indian logistics saw better growth while globally there was muted demand
Big is definitely better for the warehousing services focusing on serving organised sectors. Economies of scale, cheaper land costs, more automation and higher labour utilisation are some of the key benefits.
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ABB wins order to supply 1600 transformers to Indian Railways
ABB has won an order from Alstom to supply 1600 traction transformers for 800 new electric freight locomotives in India.