Make II Scheme: Boosting Indigenous Defence Manufacturing

The Make II Scheme, a key component of the ‘Make in India’ initiative in the defense sector, is designed to promote indigenous research, design, development, and production of defense equipment. The scheme aims to reduce reliance on expensive imports and nurture a self-sufficient defense industrial ecosystem. Key Features of the Make II Scheme Industry-Initiated Projects: Under … Read more

Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme: Boosting India’s Export Competitiveness

The Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme, introduced on January 1, 2021, is a pivotal initiative by the Indian government aimed at making Indian exports more competitive in the global marketplace. This scheme replaces the earlier Merchandise Exports from India (MEIS) Scheme and addresses WTO (World Trade Organization) compatibility concerns. Objectives … Read more

Make in India: Transforming India into a Global Manufacturing Powerhouse

The Make in India initiative, launched in 2014, is a flagship program by the Indian government with the bold vision to transform the country into a global manufacturing hub. This ambitious campaign aims to revitalize India’s manufacturing sector, position India as an attractive destination for foreign investment, and propel the nation to the forefront of … Read more