Tuesday December 12, 2017
Home Business Make in India...

Make in India: Modi government to invest $10 billion in the chip manufacturing facilities in Gujarat and Uttar Pradesh

0
187

cpu-424812_640

By Newsgram Staff Writer

To give a boost to Prime Minister Narendra Modi’s Make In India plan, Central government’s has decided to invest $10 billion in the chip manufacturing facilities that will come up in Gujarat and Uttar Pradesh.

‘The government would be investing US$ 10 billion in the chip manufacturing facilities coming up in Gujarat and UP, where a consortium of manufacturing firms have come up to set up the production bases,” said RS Sharma, Secretary, Department of Electronics and Information Technology.

While addressing the first Indian Electronics Expo organized by Electronics and Computer Software Export Promotion Council (ESC) in New Delhi, Sharma also revealed that India would also be investing US$ 400 million in developing an Indian version of micro-processor. These are part of the initiatives that are under way to create an eco-system that lays focus on high ended innovation.

 A dedicated fund, known as Electronics Development Fund had been created to leverage the use of venture capital funds to promote more start-ups in the country, he added.

Mentioning about the advantages that India is endowed with in the production of electronics goods in the country, Sharma said that the frugal technologies that it has evolved has a higher value quotient and are suitable for many countries which are at the same level of development. The Secretary said that India provided an exciting hub for electronics investment mainly on account of the surging domestic market and infrastructure, logistics and financial support being provided to the investors, be they from India or abroad.

“China undoubtedly is the major producer of electronic goods in the world. Of late, many of the electronics giants are embarking on a China plus strategy, mostly focusing on India. Coupled with Make in India and Digital India program initiated recently by the government, the renewed interest in electronics production in the country can help India achieve the target set for zero import of electronics into the country by 2020,” the Secretary said.

Infrastructure for chip manufacturing and designing will be considerably strengthened in India to cater to the growing domestic demand and to cut down the imports in the next few years.

Next Story

Narendra Modi App : Amazing Platform where Prime Minister connects with the citizens

Wanna give ideas to or interact with Prime Minister Narendra Modi? Go and download Narendra Modi app on android and iOs

0
62
Narendra Modi App
Prime Minister Narendra Modi (FILE PHOTO)

Indian Prime Minister Narendra Modi has an amazing sense of connecting with masses. Prime Minister knows the nerve of Indian public and at various instances proves himself as a pan Indian leader. Prime Minster Modi is undoubtedly one of the most tech-savvy global leader and a big promoter of e-governance and m-governance since a long time. Within two months of assuming Prime Minister-ship, he had launched the ambitious myGov project. In continuing the tradition of citizen connect, Prime Minister Modi took another step towards connecting with the people at their convenience by launching Narendra Modi app couple of years back.

Narendra Modi app
Prime Minister launching Narendra Modi App

The Narendra Modi app provides updates on the day-to-day activities of Prime Minister Narendra Modi. It presents an opportunity to receive messages and emails directly from Shri Narendra Modi. There is also an option to contribute and earn ‘badges’ through to-do tasks in various social initiatives. Through Narendra Modi app, one can tune-in and listen to the various episodes of ‘Mann ki Baat’, read Prime Minister Modi’s blogs, and get to know more about him from his Biography section. Narendra Modi app also provides comprehensive information on initiatives and achievements of the Union Government, which has an ‘infographics’ section for insights.

Such type of initiative by a global leader gives a strong message how technology can be used by governments to bridge gap between leaders and citizens. apart from this app Prime Minister Modi is also very much active on various social media platforms such as Facebook, Twitter, Instagram etc. Prime Minister Modi is the one of the most followed global leader on Twitter.

So what are you waiting for. Go and share some ideas of innovation with Prime Minister Narendra Modi and contribute in his vision of “Sabka Sath, Sabka Vikas”.

– by SHAURYA RITWIK, Shaurya is Sub-Editor at NewsGram and writes on Geo-politcs, Culture, Indology and Business. Twitter Handle – @shauryaritwik

Next Story

Facebook Introduces Digital Training and Start-up hubs in India to Promote Digital Economy

0
30
Facebook launched digital training in India
Facebook launched digital training in India.Pixaby.

New Delhi, Nov 23: Facebook on Wednesday introduced its digital training and start-up training hubs in India aimed at helping small businesses and people grow by giving them the digital skills they need to compete in today’s digital economy.

Facebook said it plans to train more than half a million people in the country by 2020 through these online training hubs, which are being rolled out first in India.

The learning curriculum which is personalised to the individual’s needs and available in English and Hindi on mobile, the social network, which is used by 217 million people in India, announced.

“We believe the best way to prepare India for a digital economy is by equipping people with the tools, knowledge, and skills they need to succeed,” said Ritesh Mehta, Head of Programmes, Facebook, India and South Asia.

To develop the learning curriculum, the social network worked with several organisations, including Digital Vidya, Entrepreneurship Development Institute of India (EDII), DharmaLife and the government’s StartupIndia initiative.

The curriculum includes vital skills for digital skill seekers and tech entrepreneurs, including how to protect their ideas, how to hire, how to go about getting funding, what regulations and legal hurdles they need to consider, how to build an online reputation, and a host of other critical skills.

This could mean teaching a small business owner how to create an online presence; helping a non-profit reach new communities and potential donors; or it could mean helping a tech entrepreneur turn their product idea into a startup through practical business advice.

Facebook said its digital training hub would provide free social and content marketing training for anyone – from students to business owners – who is looking to develop their digital knowledge and skills.

According to new research by Morning Consult in partnership with Facebook, small businesses use of digital translates into new jobs and opportunities for communities across the country.

Since 2011 Facebook has invested more than $1 billion to support small businesses globally.

The “Boost Your Business” and “SheMeansBusiness” initiatives have trained more than 60,000 small businesses, including 12,000 women entrepreneurs, in India, Facebook said. (IANS)

Next Story

Dalai Lama says that India and China have great potential

The spiritual leader feels that both the countries are doing compassionate works

0
41
Dalai Lama talks about India and China
Tibetan spiritual leader Dalai says that India and China can work together. VOA

New Delhi, Nov 19

Tibetan spiritual leader the Dalai Lama on Sunday said India and China have “great potential” and they could work together at a “practical level”.

“I think, a great potential… India and China combined are doing more compassionate work… At a practical level also. Imagine two billion people working together,” he told reporters here after inaugurating Smile Foundation’s initiative, The World of Children.

The spiritual leader, who has lived in India in self-imposed exile since 1959, said neither country had the “ability to destroy the other”.

“Whether you like it or not, you have to live side by side,” he said.

Underlining the ancient spiritual connection between the two countries, he said Chinese Buddhist Hsuan Tsang visited Nalanda (now in Bihar) and brought Nalanda Buddhist traditions to China.

“All thinkers of Nalanda are Indian. So Nalanda’s tradition is India’s tradition,” he said.

The Nalanda traditions had turned Tibetans, who were warriors, into more compassionate, peaceful and non-violent nation, he said.

“So sometimes in Delhi, teasing my Indian friend, (I say) if Tibet still remained in the previous way of life, like Mongols, Chinese invasion may not have taken place,” the Dalai Lama said in a lighter vein.

He said nobody in the world wanted violence but it was happening “because our minds are dominated by destructive emotions due to short-sightedness”.

“Nobody wants problems. Yet, many problems are our own creation.”

The Dalai Lama said the existing modern education was oriented to material values. India can take lead in improving the education system by combining modern education with ancient knowledge, he said. (IANS)