You are here: Home >> English News & Features >> BUSINESS & ECONOMY

Single window clearance for electronics mfg in works

DNMUM423946 | 10/12/2018 | Author : DNA Money Correspondent | WC :482



New Delhi: Ministry of Electronics and IT plans to strengthen the single window clearance for global investors to attract more companies in electronics manufacturing in India.
The ministry plans to handhold foreign firms till manufacturing unit becomes functional, according to the draft of the new policy, formulated to make the country import free in next couple of years apart from making India a global hub for electronics manufacturing.
The demand for electronics hardware is expected to reach $400 billion by 2023-24 which is why there is a huge push from the government for domestic manufacturing of electronics hardware and design in the electronics segment.
The single window clearance for investors will be strengthened for facil
Read full story


Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on BUSINESS & ECONOMY

Sensex sheds 311 points, Nifty below 10700-mark
DNMUM432196 | 2/19/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :191

Mumbai: Sensex and Nifty continued to fall on Monday as investor’s remained nervous on foreign fund outflows and geopolitical concerns.
The 30-share Sensex slipped 310.51 points, or 0.87%, ending at 35498.44 while the broader Nifty settled at 106
Add To LightboxCalculate Price

Use a step-up SIP to match your income
DNMUM432197 | 2/19/2019 12:00:00 AM | Author : Sandeep Bhardwaj | WC :801

Over the last three years the average Systematic Investment Plan (SIP) collection per month has almost doubled. During the year 2017-2018, SIP contribution accounted for around Rs 67,000 crore and the total number of active SIPs accounts sto

Add To LightboxCalculate Price

Daimler India drives in first profit in 4 years on volume push
DNMUM432198 | 2/19/2019 12:00:00 AM | Author : Shahkar Abidi | WC :238

Mumbai: Four years after calling itself financially ‘sick’, Daimler India Commercial Vehicles (DICV), reported its first profit during the year 2018. Though the company did not disclose its profit figures, its sales volume grew by 35% in 201

Add To LightboxCalculate Price

‘We will be considering Arcelor’s Essar offer’
DNMUM432199 | 2/19/2019 12:00:00 AM | Author : Sanjay Jog | WC :596

Power Finance Corporation (PFC) hopes to start a new inning in the power sector after the acquisition of Rural Electrification Corporation. In an interview with DNA Money, PFC CMD Rajeev Sharma told Sanjay Jog that the PFC-REC deal will create
Add To LightboxCalculate Price