Topic
make in india
Union Cabinet Approves Rs 1.9 Lakh Crore Schemes to Boost India's Chip and Mobile Phone Manufacturing
The Union Cabinet approved two schemes totaling Rs 1.9 lakh crore: Semicon 2.0 (Rs 1,27,500 crore) for semiconductor fabrication, advanced packaging, materials, equipment, and design; and the Mobile Phone Manufacturing Scheme (Rs 62,500 crore) with sales-linked incentives and additional domestic sourcing benefits. The government targets a $500 billion electronics manufacturing industry by 2030-31.
India becomes world's second-largest phone maker, PM Modi unveils electronics roadmap
Prime Minister Narendra Modi announced that India has become the world's second-largest mobile phone manufacturer and exporter, highlighting the country's progress in building a complete electronics value chain from products to semiconductors. The announcement came after the inauguration of the CG Semi Outsourced Semiconductor Assembly and Test (OSAT) facility, whose first chips will be exported to Japan.
India's Indigenous Bullet Train Project: An Engineering Leap for Manufacturing
India's first bullet train service on the Surat–Bilimora section is expected by August 2027. The trains will be manufactured indigenously, with a Rs 866.87 crore contract awarded to BEML Limited for two prototype high-speed train sets. This marks a significant engineering leap, requiring new capabilities in lightweight construction, advanced braking, and high-speed control systems.
Invest in India Before It's Too Late, Piyush Goyal Tells Investors at Bharat Innovates 2026 in Nice
Union Minister Piyush Goyal called on investors and venture capital funds to invest in India now, stating the investment ecosystem is ready and the government will help connect with opportunities. He also urged domestic industries to partner with startups for manufacturing and to leverage free trade agreements to make India a global launchpad.