Tag: 'MAKE IN INDIA'”.

Health, News

FDI India opening new avenues of foreign credit for India’s pharmaceutical sector…

Feb 5, 2021 by Rekha Nair 0 Comments #'MAKE IN INDIA'”., #Ayushman Bharat Scheme, #CEO & Founder, #FDI India, #Mr. Vishal Yadav, #National Digital Health Mission

New Delhi: FDI India, a one-of-its-kind consultancy firm, is enabling pharma businesses by opening new avenues for foreign credit through the most credible route thereby enabling business growth. With FDI contributing significantly to the third largest sector setting India as the “Pharmacy of the World”, the Pharma sector is paving ways towards a growth projection of $100 billion by 2025.

The government’s concerted push towards the pharma sector through initiatives such as “Make in India”, Ayushman Bharat Scheme, National Digital Health Mission etc, the sector has emerged as a leading global capital market. With access to large consumer markets, generation of new employment opportunities, increase in research and development and rise in net foreign exchange earnings, the Indian as well as foreign businesses are betting big on the sector.

Commenting on the same, Mr Vishal Yadav, CEO & Founder, FDI India, said “The increasing FDI inflows is a reflection of the firm belief by global investors that India will lead as one of the major growth engines coupled with steady-state of market reforms. The pharma sector is well poised and is attracting FDI and exploiting the many opportunities that COVID 19 has created. We are helping businesses with financial strength by giving them the right kind of consultancy to obtain soft loans. With our interactive platform, we are handholding businesses in the investment lifecycle right from pre-investment to after-care with a view to simplifying the business environment for them.”

FDI India, with the largest network of global investors from across 15 countries, has been at the forefront in providing consultancy to hundreds of Indian businesses with a wide range of services including Financial Planning & assistance, connecting them to the right foreign investors and project planning. The company enables businesses to obtain soft loans with a minimum ticket size of INR 25 Cr at 3.25% per annum on reducing balance.

About FDI India

FDI India is a one-of-its-kind consultancy enabling Indian businesses to accelerate business growth by obtaining soft loans from foreign investors through the most credible route. Aiming to transform the country’s investment climate by simplifying the business environment for investors, FDI India enables financial strength to its clients through quality and conflict-free Foreign Investments with their range of services including financial planning & assistance, connecting to right investors and Project planning. FDI India holds a strong reputation for providing exceptional consulting services to Indian businesses and connecting them to the right foreign investors from across 15 countries including Singapore, Malaysia, Australia, the United Kingdom, the United States, Germany, Italy, Canada, and Ireland among others.

Established in the year 2015, FDI India is infused with an enormous passion to build a new India and a better tomorrow. The company is backed by a team of passionate and committed professionals with comprehensive experience to deliver expertise in fund projects.

Business World

LRIPL contributes to #Atmanirbhar Bharat; bolsters its manufacturing capacity in Noida

Sep 11, 2020 by Gouri Achary 0 Comments #'MAKE IN INDIA'”., #Atmanirbhar Bharat, #Laxmi Remote (India) Private Limited, #Vijay Kumar Sachdeva

Aligning with the Government of India’s Atmanirbhar Bharat initiative, Laxmi Remote (India) Private Limited (LRIPL), boosts its manufacturing capacity in its Noida facility. Post the upgrade, the current manufacturing capacity of remote controls stands at 1.25 Lac per day. As one of the largest remote control manufacturers in India, LRIPL intends to lead remote control production for OEMs.

The announcement not only underlines the strong growth momentum in manufacturing but also boosts the economic sentiments around the sector. Stressing on local manufacturing, LRIPL also intends to add to the job opportunities in the market. Catering to more than 60 companies, the company has partnered with big enterprises Daikin, Blue Star, Voltas, Havells, Orient Electric, Bajaj, Luminous, Livpure, Whirlpool, Lloyd, Amber, Usha, Halonix, Carrier Midea, Ricoh amongst others.

As India prepares for mission Atmanirbhar Bharat, through this increased capacity building, LRIPL will be able to cater, not only to the local but also global demands. Additionally, with the remote control manufacturing the company has forayed into production of 40,000 Adapters & Power Supplies, 30,000 Set-Top-Boxes, 20,000 Mobile Chargers and 30,000 AV cables per day, catering to different companies in the Electronics Manufacturing Services (EMS) segment.

Vijay Kumar Sachdeva, MD & CEO, Laxmi Remote (India) Private Limited says, “India is the biggest market for us. The electronics manufacturing world is rapidly evolving and LRIPL is ready to meet the needs of the new normal with its advanced and sustainable infrastructure, capacity and manpower. We stand by our commitment to Indian markets and constantly challenge ourselves to deliver the best cost of ownership to our customers. Aligned to the ‘self-reliance’ vision, we at LRIPL aim to promote the local manufacturing and create job opportunities in the country.”

Sachdeva added, “New developments are already on its way as ‘Make in India’ campaign is making efforts by backing local firms and manufacturers to increase domestic manufacturing in the electronic sector. This will further inspire us to scale new heights and achieve greater success in our forthcoming endeavours.”

Laxmi Remote’s manufacturing facilities are spread over 5 Acres with best in class equipment and services. Right from the development of moulds to building sophisticated cabinets, design & development of PCBs to assembly & to manufacturing the final products, after an appropriate stringent quality process, LRIPL controls the entire production process. The company offers more than 1200 experienced workforce with different skill sets. The company has a strong R&D team which is currently working on RF technology, Bluetooth technology, voice control and touch screen remote technology in an attempt to meet future demands.

Business World

Tech-Lifestyle and Online Gaming brands are welcoming Government’s move to ban Chinese apps in the Country

Aug 11, 2020 by Gouri Achary 0 Comments #'MAKE IN INDIA'”., #CEO & Founder of PokerDangal, #Co-founder & CEO, #Mr. Durga Dash, #Mr. Varun Mahna

The Indian Government banned 59 Chinese apps as a response to China’s incursions into Indian Territory. Popular apps including ByteDance’s video-sharing app TikTok, Alibaba’s UC Browser and Xiaomi’s Mi Community app were restricted access to the huge 500 million internet consumer base in the country.

The move was followed by another ban that was imposed in the recent weeks on about 47 apps which mostly contained clones, or simply different versions, of the already banned apps. Now recently, the government has added 15 Chinese apps to the list of banned apps. These apps include photo editor AirBrush, video tool MeiPai and camera editor BoXxCAM among others. The Mi Browser Pro that came inbuilt with Xiaomi, Redmi and Poco smartphones has also been added in the list of apps that were banned in their latest move.

On this recent development by the Indian Government Mr Ravi Mittal, Founder of the popular dating app QuackQuack that recently crossed 10 million Indian users commented “Suspension of Chinese apps which are a security risk to our country is a welcome move. There are 100s of more Chinese apps on the Play Store which are cannibalizing the Indian market and need to go. These include a lot of Chinese duplicates and low-quality apps as well. However, this is a welcome start.

The Indian start-up ecosystem has some very good apps and can easily fill the void. We have to reduce dependency on Chinese apps and it is encouraging that we as Indians are going all out to support apps developed in India”

Mr. Durga Dash, Co-founder & CEO of a booming fashion & lifestyle brand in the country- Styched also shared his views on the move taken by the Indian Government “The ban on Chinese apps in the Indian consumer market has created a void – from a supply viewpoint at least. While consumers were used to apps like TikTok and Shein, their appetite to consume products and services online has only increased post-pandemic; and this is what Indian cos need to truly leverage. The void should be studied from a user experience viewpoint and be highly customer-oriented.

From a fashion viewpoint, the void has only grown larger and newer models like on-demand production are needed. I believe Styched is in a unique position to cater to the needs of fashion millennials. With thousands of curated designs for both womenswear and menswear, largest fan merchandising and new age collections, Styched is already becoming a great option in filling up the fashion void for customers”

Showing his dedicated support to the government’s action Mr. Varun Mahna, CEO & Founder of PokerDangal, an online gaming platform said “A reiterate step like this in favour of our Nation’s sovereignty is a masterstroke I must say, India again won its spurs as one of the independent nations. We can finally say now that India is moving quickly towards being a developed nation, and brave steps like these, show how strong we are on the abstraction of ‘MAKE IN INDIA.’ Like I said earlier, abolishing Chinese applications will not only preserve our nation’s security and youth development but will also allow capable Indian growing platforms like ours’ to come forward and show their true potential.

Honestly, we are obliged to our government and believe that Indians will now prioritize native platforms over foreign ones, which will enable us to showcase our creativity, talent, and strong motives to serve the society in a better way. I can’t say about others, but PokerDangal and our entire team appreciates the ban of Chinese apps and is inclined to contribute our pleasing services more delightfully in respect of the progressing movement ‘MAKE IN INDIA’”.