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Chinese Mobile Phone makers likely to partner with Indian Firms for setting up manufacturing base in the country

"We are targeting 500 million mobile phones manufacturing by 2019, along with a robust component industry. Our Chinese partners will help us in achieving this," Mohindroo added.

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October 23, 2016: At a time when India is poised to become a global manufacturing hub for mobile phones and components, Pankaj Mohindroo, National President, Indian Cellular Association (ICA), has asked Chinese companies to partner with Indian firms for setting up a manufacturing base in the country.

“We are targeting 500 million mobile phones manufacturing by 2019, along with a robust component industry. Our Chinese partners will help us in achieving this,” Mohindroo added.

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Speaking at the second India-China Mobile Phones and Accessories Manufacturing Summit, organised here under the first edition of the three-day mobile fair, India Mobile Diwali (IMD), Mohindroo said there is a huge emerging opportunity in component manufacturing in India now.

The event, aimed at strengthening the Indian mobile phone and component manufacturing ecosystem in sync with Prime Minister Narendra Modi’s ‘Make in India’ and ‘Digital India’ initiatives, is held at a time when Indians are strongly opposing the use of “Made in China” products.

Urging Chinese companies to take advantage of the new investment and manufacturing opportunities in India, policy initiatives and increased ease of business, Aruna Sundarajan, Secretary Ministry of Electronics, IT, Government of India, said Indian talent and Chinese innovation can be a very potent fusion.

She also pointed out that Chinese companies need to look at India as a partner in ‘Make in India’ programme and not only as a market destination for their products.

Lingyun Wu, Founder and CEO, Mobile World (Shoujibao), Shenzhen, said Chinese companies are excited to be part of the ‘Make in India’ campaign and establish mobile handset and component manufacturing facilities in India.

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“I’m sure that IMD will open ample opportunities to network and join hands and further strengthen investments in India,” Lingyun added.

The three-day fair, organised by Mobile World (Shoujibao), China’s leading Mobile Industry service platform in association with the Indian Cellular Association, the apex body representing the mobile handset Industry in India, saw participation from industry bigwigs like Peter Lee, COO Huawei, Josh Foulger, MD Foxconn, Keshav Bansal, Director, Intex, S.N. Rai, Co-founder and Director, Lava, and over 300 investment delegations and mobile phone companies and component manufacturers from China and India.

A high-level Investment Delegation from China’s mobile phone industry will be on a six-day India visit from October 21-26 to participate in India Mobile Diwali Expo. (IANS)

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‘How Dare You?’ Tweets an angry Farhan Akhtar to BJP Spokesperson

Politicians, including Congress Vice President Rahul Gandhi and DMK leader M.K. Stalin, apart from actor Kamal Haasan, slammed the BJP's attempt to muzzle criticism regarding its policies.

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Farhan Akhtar
Actor-filmmaker Farhan Akhtar. Wikimedia

Mumbai, October 22, 2017 : Actor-filmmaker Farhan Akhtar has taken a dig at BJP spokesperson G.V.L. Narasimha Rao over his remarks that most Indian film stars have “very low IQ and very low general knowledge”.

“How dare you, sir?” an angry Farhan tweeted and tagged the BJP leader.

“And to all film people in his ranks… Here’s what he thinks of you. Shame sir,” the actor wrote.

Farhan’s comment was in reaction to an interview Rao gave to Times Now TV over the ongoing controversy on Tamil film “Mersal” that has scenes critical of the GST and the Digital India initiatives of Prime Minister Narendra Modi.

Rao, criticising the movie and its makers in the TV interview, said: “In any case, most of our film stars have very low IQ, very low general knowledge.”

“Mersal”, Tamil actor Vijay’s Diwali release, is in the news after the Tamil Nadu unit of the Bharatiya Janata Party (BJP) demanded removal of specific dialogues which take a dig at GST and digital India.

Politicians, including Congress Vice President Rahul Gandhi and DMK leader M.K. Stalin, apart from actor Kamal Haasan, slammed the BJP’s attempt to muzzle criticism regarding its policies.

Directed by Atlee, “Mersal” stars Vijay in the roles of a village head, a doctor and a magician. (Ians)

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Rs 10,000 cr will be given to top 10 Universities to make them World-Class, says Prime Minister Narendra Modi

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Prime Minister Narendra Modi.
Prime Minister Narendra Modi. Wikimedia

Patna, October 14: Prime Minister Narendra Modi on Saturday said it was a “blot” that Indian universities do not figure among the top 500 of the world and noted that the government has decided to give autonomy and Rs 10,000 crore to top 10 public and private universities over the next five years to make them world-class

.Addressing the centenary Celebrations of Patna University here in presence of Bihar Chief Minister Nitish Kumar, Modi said Indian universities such as Nalanda and Takshashila attracted students from all over the world.

“We are not among the top 500. We should remove this blot or not. The situation should change through our determination and hard work,” Modi said.

He said the government has come with a scheme to make 10 private and 10 public universities world-class by providing them autonomy from the constraints of government rules and freedom to grow.

“They will be given Rs 10,000 crore in the next five years,” Modi said.

Prime Minister Narendra Modi said the selection will not be on any recommendation. “The universities will be a selected on the basis of a challenge in which they will be required to prove their mettle. The selection will be based on factors such as history, performance and its roadmap reach global benchmarks. A third party professional agency will be involved in the selection process,” Modi said.

Referring to demands for making Patna University a central university, Modi said it should strive to be among the globally-ranked varsity based on the competition and “this was many times ahead of being a central university”.

“Patna University should not stay behind (in the challenge),” he said.

Prime Minister Narendra Modi said reforms in the country’s education sector have progressed at a slow speed and there have been differences among educationists which had hampered innovation with the governments too not measuring up to the task.

The Prime Minister said that for two years he heard arguments for and against granting more autonomy to Indian Institutes of Management (IIMs) and then a big decision was taken.

“It is for the first time that the IIMs are out of government control and have been professionally opened up. This is a big opportunity for them and they would make the best use,” he said.

Modi said that Patna University was known to produce IAS and IPS officers and in the same manner IIMs are known to produce Chief Executive Officers (CEOs) of global companies.

He also urged universities to move from conventional teaching to innovative learning and involve alumni associations more actively.

Prime Minister Narendra Modi said 65 per cent of the population of the country was below 35 years in age and the dreams of development can be fulfilled.

“We need to understand the changing trends across the world and the increased spirit of competitiveness. In that context India has to make its place in the world,” Modi said.

He appreciated the efforts Nitish Kumar towards development of the state and said the progress of eastern India is the Centre’s topmost priority.

“The commitment of Nitish Kumar towards the progress of Bihar is commendable. The Centre attaches topmost importance to the development of eastern India,” Modi said.

He said when the country celebrates the 75th anniversary of Independence day in 2022, he wants to see Bihar standing among the list of prosperous states.

Modi also said that many top level officials of civil services are students of Patna University.

“In every state, the top levels of the civil services has people who have studied in Patna University. In Delhi, I interact with so many officials, many of whom belong to Bihar… I consider it my honor to visit Patna University and be among the students. I bow to this land of Bihar. This university has nurtured students who have contributed greatly to the nation.”

He said that Bihar is blessed with both ‘Gyaan’ and ‘Ganga.’ “This land has a legacy that is unique,” he said.(IANS)

One response to “Rs 10,000 cr will be given to top 10 Universities to make them World-Class, says Prime Minister Narendra Modi”

  1. Grant of money alone does not make great institutions of learning, just as making large grand buildings, and setting up large sophisticated laboratories. It is the high ideals, learning & character in honest pursuit of knowledge and service that facilitates to create an atmosphere of pursuing higher & higher knowledge for the sake of welfare of humanity. An the open atmosphere of freely sharing the expertise & experience of seniors with development of young brains is equally important . This aspect has been pointed out by our Prime minister by the involvement of Alumni for the development of great institutions of learning.
    Another aspect that has not received due attention in the field of education in India so far is that we have not addressed properly the question of training and developing teachers of right caliber & character right from nursery and primary school levels of education to postgraduate levels in university in all fields of education i.e. humanities, engineering and medical schools by taking in to consideration present needs of society.
    Another point to note is that the famous All India Institution of Medical Sciences in Delhi was not set up to provide super speciality hospital services to the country, but to develop excellent faculty of teachers in collaboration with Harvard. This objective got lost on the way.

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India Looks at Strategic Partnership with Oil Producers

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Prime Minister Narendra Modi
Prime Minister Narendra Modi at his three-hour long meeting here with chief executives of top global and Indian companies. ians

New Delhi, Oct 9: India is looking to upgrade its relationship with producing countries to a strategic one, instead of mere buyer-seller, Petroleum Minister Dharmendra Pradhan said on Monday.

This was the message of Prime Minister Narendra Modi at his three-hour long meeting here with chief executives of top global and Indian companies, including British major BP, Russia’s Rosneft, Saudi Aramco and Reliance Industries, on ways to revive investment in oil and gas exploration and production.

“The Prime Minister laid out to leading companies like BP, Shell, Rosneft, Exxon Mobil as to what should be the energy economy of India,” Pradhan told reporters here on the sidelines of the CERAWEEK India Energy Forum organised by IHS Markit.

“The Prime Minister emphasised the need to move the engagement to a strategic partnership, going beyond the buyer-seller relationship,” he said, adding that “all major producers, Saudi Arabia, Russia, the US, all have recognised the massive scale of India’s energy engagement”.

According to a statement, from the Prime Minister’s Office, Modi said there is a need to develop energy infrastructure and provide access to energy in eastern India as the status of the energy sector in India was highly uneven.

CEOs and top officials from Rosneft, BP, Reliance, Saudi Aramco, Exxon Mobil, Royal Dutch Shell, Vedanta, Wood MacKenzie, IHS Markit, Schlumberger, Halliburton, Xcoal, ONGC, IndianOil, GAIL, Petronet LNG, Oil India, HPCL, Delonex Energy, NIPFP, International Gas Union, World Bank, and International Energy Agency were present at the meeting.

Pradhan, Power Minister R.K. Singh, and senior officials from NITI Aayog and Prime Minister’s Office, as well as the Petroleum and Finance Ministries were also present in the meeting.

Addressing the conference, Pradhan said that with India now being well integrated into the global oil economy, she was naturally impacted by geopolitical developments.

“Recently, when retail fuel prices went up in India, there was a hue and cry in the street,” he said of the time last month when petrol prices in Mumbai went over Rs 79 a litre due to a rise in international rates.

“We therefore need to know and keep abreast of what is happening in the industry worldwide… about OPEC and output cuts, about Russia, shale in the US, trends in LNG market,” he added.

As proof of the upgraded energy relationship with Saudi Arabia, Pradhan noted the opening of Saudi state-run oil giant Aramco’s India office in Gurugram on Sunday that was jointly inaugurated by him and Aramco CEO Amin Nasser.

“Aramco investment in India will increase..they are in talks with possible partners here,” Pradhan said.

Saudi Aramco, which established its business presence in India last year, has formed an Indian subsidiry that will engage in crude oil and LPG marketing, engineering and technical services, and other business development activities.

“Aramco India intends to partner with Indian companies and set up integrated business ventures in the hydrocarbon value chain in India,” the Petroleum Ministry said.

According to the PMO, Modi thanked Russian President Vladimir Putin, and Rosneft, for their commitments and support to the energy sector in India. He also appreciated the 2030 vision document of the Kingdom of Saudi Arabia.(IANS)