Make in India Current Affairs - 2020

E-Conclave for Defence MSMEs held

On May 21, 2020, the Union Defence Minister Rajnath Singh chaired the E-Conclave of Defence MSME (Micro Small and Medium Enterprises). Highlights The E-conclave was organized by CII (Confederation of Indian Industry), SIDM (Society of Indian Defence Manufacturers) and Department of Defence Production. Around 800 Defence MSMEs participated in the conclave that was held through Read More…

26 Defence Items approved by Defence Ministry to boost Make in India

On May 20, 2020, the Ministry of Defence approved procurement of 26 defence items to boost “Make in India” initiative. This was done through the amendment of Public Procurement Order 2017. Highlights The Ministry of Defence has so far notified 127 items to under which the local suppliers will be given preference. Of these 127 Read More…

First 12,000 HP Electric Loco operationalized by Indian Railways

On May 19, 2020, the Indian Railways operationalized the first 12,000 HP electric locomotive. The locomotive was built by the French Alstom Company under the Make in India initiative. Highlights The locomotive was manufactured at the Madhepura Electric Locomotive in Bihar. It is capable of hauling 6000 tonnes at a top speed of 120 km/hr. Read More…

Indian Air Force shelves three main projects

On May 18, 2020, the Indian Air Force Chief RKS Bhadauria announced that it will shelve three main projects of worth Rs 8,000 crores. This is because the Central Government is pushing for Make in India. Currently, the Government of India is to focus on indigenization. Highlights Prime Minister Modi recently announced Atma Nirbhar Bharat Read More…

Action Covid-19 Team launched in India: First of its kind in the world

The Action COVID Team was launched by top fund mangers of private sector and blue-chip venture capital firm. Significance The Team gained its popularity lately as Rs 1 crore was bagged by the Mylab  from the fund set up by the team. Mylab is the first Indian firm to get permission to make and sell Read More…

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