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The order, worth Rs 7,523 crore, will provide further boost to the 'Make in India' initiative in the defence sector and is a big step towards achieving the 'Aatmanirbhar Bharat' (self-reliant India) goal, the ministry said.
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Production line in Hyderabad manufactures fuselages for Apache customers around the world and for the recently contracted six Apaches for the Indian Army.
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Germany is strongly advancing towards electrification, but Indian EV industry is a growing industry and the move to e-mobility is a priority for the Government of India (GOI).
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The Prime Minister is expected to discuss the impact of educational policies, research activities and skill development efforts undertaken by the government.
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Prime Minister said that the 'Aatmanirbhar Bharat' vision would be further strengthened with the 'Aatmanirbhar Assam' and northeast.
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The meeting was inaugurated by Prime Minister Modi and started by paying tributes to those who lost their lives due to the coronavirus pandemic.
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Making strong case for repealing archaic laws for ease for doing business in India, the Prime Minister said the centre and states need to work closely to boost economic growth.
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"Centre and states should work together for the nation's progress... The government has to respect and give due representation to the private sector for economic progress," Modi said.
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The finance minister also said that infrastructure creation, continuing reforms, and transparency of accounts are major features of this year’s Budget
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It will also continue the existing employment of about 580 employees on a permanent basis and another 1,500 persons on an ad-hoc basis.
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The minister said the government announced a special economic and comprehensive package under AatmaNirbhar Bharat including measures taken by RBI
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Modi said, "India has been manufacturing Covid-19 vaccine and has established itself on top in inoculation of these vaccines".
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In the early months of the pandemic when Prime Minister Narendra Modi announced India's Covid-19 recovery package, he emphasised the need to become self-reliant as a country.
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Union Minister of State for Home G Kishan Reddy said the Union Finance Minister introduced 'Atmanirbhar Bharat' Budget. "The Budget is in line with Prime Minister Narendra Modi's vision.
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The projects have been approved under the newly-launched scheme of 'Financial Assistance to States for capital projects'.
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Exim Bank is in a position to facilitate Indian entities aiming to enter into China market, says official
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Every year, January 24 is marked as the foundation day of UP.
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The government has extended reliefs to the real estate sector through the announcements made as part of the ‘Aatmanirbhar Bharat’ package last year.
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To upgrade and expand technology development capabilities, investments need to be made in the complete ecosystem, including research, innovation, standardisation, product development, testing and certification, he added.
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The minister observed that new markets were being explored aggressively to enhance the reach of Indian products globally.