weareliferuiner

  • Home
  • TECH
    • APP
    • APP REVIEW
    • GADGETS
    • IOS
    • MAC
    • SMARTPHONE
  • COMMUNICATION
  • LIFESTYLE
    • BEAUTY
    • FAMILY
    • FESTIVAL
    • FITNESS
    • FOOD & DRINK
    • HEALTH
  • MONEY
  • Chocolate
  • PRODUCTIVITY
  • NEWS
  • Contact Us !
Reading: Govt plans start-up center for capital goods sector
Share
Aa
Aa
weareliferuinerweareliferuiner
Search
  • Home
  • TECH
    • APP
    • APP REVIEW
    • GADGETS
    • IOS
    • MAC
    • SMARTPHONE
  • COMMUNICATION
  • LIFESTYLE
    • BEAUTY
    • FAMILY
    • FESTIVAL
    • FITNESS
    • FOOD & DRINK
    • HEALTH
  • MONEY
  • Chocolate
  • PRODUCTIVITY
  • NEWS
  • Contact Us !
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
weareliferuiner > PRODUCTIVITY > Govt plans start-up center for capital goods sector
PRODUCTIVITY

Govt plans start-up center for capital goods sector

sristy
Last updated: 2016/03/02 at 2:26 PM
By sristy 2 Min Read
Share
SHARE
Photo: Mint

Photo: Mint

Mumbai: The Indian government has decided to create a ‘start-up centre’ for the capital goods industry and will also launch a technology development fund for the sector.

The ministry of heavy industries and public enterprises, on Monday, while announcing national capital goods policy 2016, said it will create a start up centre for the capital goods sector in partnership with industry associations to provide an array of technical, business and financial resources and services to promising start-ups in the manufacturing and services space.

These services will focus on pre-incubation, incubation and post incubation phases of a start ups’ growth to ensure that a robust foundation is established, the document released on Monday said.

The ministry will also launch a technology fund under the public private partnership (PPP) model to fund technology acquisition, transfer of technology, purchase of intellectual property rights, as well as for commercialisation of such technologies related to the capital goods sector.

The National Manufacturing Policy aims to push up the share of manufacturing in the country’s GDP to 25% from about 17% currently. It also envisages the creation of 100 million jobs from the manufacturing sector compared to only 4 million jobs estimated to have been created in the sector since 2010.

[“source-Livemint”]

TAGGED: capital, center, for, goods, Govt, plans, sector, start-up
sristy March 2, 2016
Previous Article Middle East-based Wadi.com raises $67 million
Next Article Aasaanjobs raises $5 million from Aspada Advisors, others

Latest News

Due to the second wave of COVID-19
SMARTPHONE
Back to basics: How simple fitness outperforms every trend
FITNESS
Vivo T4 Pro Teased to Launch in India Soon; to Be Available on Flipkart
GADGETS
Explained: How the govt is planning to evaluate students’ fitness in schools
FITNESS
Doctors shouldn’t be allowed to object to medical care
HEALTH
How do I begin? Wellness and Fitness for Busy Women: A Guide
LIFESTYLE
Color options and design for the Samsung Galaxy S25 FE 5G mobile device have been teased ahead of launch
SMARTPHONE
The Truth about Protein
LIFESTYLE

Removed from reading list

Undo

Lost your password?