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Bharti Airtel Services to acquire 97.1% stake in Beetel Teletech

Pegging the cost of acquisition at Rs 669 crore, the filing said this acquisition is a part of the company s strategy to enable indigenisation initiatives within its own ecosystem of telecom products in line with the Government s policy of Make In India and add distribution and service capabilities (including system integration) largely for the enterprise business. ....

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The year when the Make-in-India lion started roaring: Top 10 ventures

In 2023, India showcased significant potential in its pursuit of becoming a manufacturing powerhouse, with numerous large-scale projects either in the planning stages or already underway. The Production-Linked Incentive (PLI) scheme, covering 14 sectors, proved to be a catalyst, attracting investments exceeding Rs 95,000 crore by September. Here are some noteworthy milestones in India s pursuit of local manufacturing in 2023, particularly in the cutting-edge fields of chips and telecommunications. ....

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