Won’t dilute stake in Indian arm: Xiaomi – Times of India

[ad_1] Chinese phone company Xiaomi will not dilute the company’s shareholding in India by inducting an Indian partner through the joint venture route, even as it looks to go deeper with sourcing of components as well as fully-built products such as smartphones and televisions by engaging local companies to support the government’s ‘Make in India’ … Read more

Value Of Defence Production Crossed Rs 1 Lakh Crore-Mark For First Time In 2022-23: Centre

[ad_1] NEW DELHI: The value of defence production crossed Rs 1 lakh crore-mark in 2022-23 – the first time ever in the country, the central government said on Friday. Minister of State for Defence Ajay Bhatt, in a written response to a query in Lok Sabha, also said that the government in the past few … Read more