Govt to Make India aircraft Leasing Hub: Minister
Central government is moving towards making India a maintenance, repair & overhaul (MRO) facility and aircraft leasing hub.
Indian Infrastructures and Capabilities
Central government is moving towards making India a maintenance, repair & overhaul (MRO) facility and aircraft leasing hub.
India has also promised the US and France that its company will get a chance to set up six nuclear power plants in India. But negotiations are still going on with both the countries.
Continuing the focus on the creation of health care infrastructure, the Central Government had earlier approved to establish 58 new medical colleges attached with existing district/referral hospitals under Phase-I and 24 under Phase-II. Of this, 39 medical colleges under Phase-I, have already started functioning, while the remaining 19 would be made functional by 2020-21. Under Phase-II, 18 new medical colleges have been approved.
Vivo India director, brand strategy, Nipun Marya told PTI that the company has been committed to ‘Make in India’ right from the beginning and have been manufacturing here for some time. He emphasised that the company said its has seen strong growth in its business in India.
This was stated by the Union Minister for Women & Child Development and Textiles, Smriti Zubin Irani who was here on Monday to inspect the under-construction National Institute of Fashion Technology (NIFT) located at Mawdiangdiang along with the Chief Minister of Meghalaya Conrad K Sangma.
Applauding MSME’s contribution to the Indian economy, Gadkari stressed upon the need for even bigger participation from them to fulfil the goal set by Prime Minister Narendra Modi to make India a five-trillion dollar economy in the coming years.
The R&D facility in Hyderabad is spread over a 186,000 square feet space and five floors in Hyderabad’s Vamsiram’s IT Park at the Wipro Circle in Nanakramguda.
The plant envisages to meet the strategic requirement of defence aerospace and transport applications under the Make-in-India programme and would produce 60,000 tonnes per annum.
The Seattle-headquartered company is making an ambitious push in India, the last major retail frontier still primarily reliant on small-scale neighborhood and mom-and-pop stores. “E-commerce is so small in India relative to the total consumption, less than 3 per cent,” said Mr Amit Agarwal, Amazon’s Country Manager for India.
Four of the five proposed investments were in non-mineral-based sectors, endorsing the state government’s aspiration to diversify and lure investors beyond its historical strengths of mining, metals and power.