Wishesh December Magazine 2015

Infocus
C‘Make in India’ is an initiative
of the Government of India to
encourage multinational, as
well as domestic, companies
to manufacture their products
in India. It was launched by
Prime Minister Narendra
Modi on 25 September 2014.
50
The main objective behind
this initiative is to focus
on the job opportunities
and skill enhancement
in India, that include 25
sectors of the economy:
automobiles, chemicals, IT,
pharmaceuticals, textiles,
ports, aviation, leather,
tourism and hospitality,
wellness, railways, design,
manufacturing, renewable
energy, mining, biotechnology,
and electronics.
Joint venture to boost
‘Make in India’
Campaign
In a leg up for Modi government’s ‘Make in India’
campaign, Boeing and Tata Advanced Systems
on 9 Nov 2015 in Dubai, United Arab emirates
has announced a joint venture (JV) that will
manufacture aerostructures for aircraft and
collaborate on integrated systems development
opportunities in India.
Boeing and Tata group
companies have established
a partnership in India to
manufacture aerostructures
for Boeing’s commercial and
military aircraft. According to
the Boeing’s press release,
“The JV will initially create
a manufacturing center
of excellence to produce
aerostructures for the AH-
64 Apache helicopter and
to compete for additional
manufacturing work
packages across Boeing
platforms, both commercial
and defense.”
WWW.WISHESH.COM | DECEMBER 2015