Make-in-india Plan

Major iPhone assemblers for Apple Inc were among 16 companies that won approval to manufacture products in India under a plan aimed at attracting investment of more than Rs 10.5 trillion ($143 billion) for mobile-phone production over the next five years.

The big prize for the country, local industry officials say, is to become a full-fledged alternative to China as a manufacturing hub.

US defence firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology, according to a business lobby group's letter to India's Defence Minister.

U.S. defence firm Lockheed Martin wants to push ahead with plans to move production of its F-16 combat jets to India, but understands President Donald Trump's administration may want to take a "fresh look" at the proposal.

Ford Motor Co has shelved plans to produce a new compact car family designed mainly for emerging markets like India and China, industry sources said, reflecting disappointing sales of mainstream models in the world's fastest growing car markets.

Despite the push for electric and hybrid vehicles, the cause faces several challenges in India.

On a day when the Defence Minister Manohar Parrikar told Armed Forces commanders to focus on India's Look East' policy by stepping up joint exercises with friendly countries in South East Asia, details have emerged of plans to significantly expand the Navy's war-fighting capability.

Major iPhone assemblers for Apple Inc were among 16 companies that won approval to manufacture products in India under a plan aimed at attracting investment of more than Rs 10.5 trillion ($143 billion) for mobile-phone production over the next five years.

The big prize for the country, local industry officials say, is to become a full-fledged alternative to China as a manufacturing hub.

US defence firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology, according to a business lobby group's letter to India's Defence Minister.

U.S. defence firm Lockheed Martin wants to push ahead with plans to move production of its F-16 combat jets to India, but understands President Donald Trump's administration may want to take a "fresh look" at the proposal.

Ford Motor Co has shelved plans to produce a new compact car family designed mainly for emerging markets like India and China, industry sources said, reflecting disappointing sales of mainstream models in the world's fastest growing car markets.

Despite the push for electric and hybrid vehicles, the cause faces several challenges in India.

On a day when the Defence Minister Manohar Parrikar told Armed Forces commanders to focus on India's Look East' policy by stepping up joint exercises with friendly countries in South East Asia, details have emerged of plans to significantly expand the Navy's war-fighting capability.