LAKSH Career Academy

LAKSH Career Academy
Author: Hiren Dave

Monday, 13 April 2015

12 APRIL 2015: Airbus to invest $2 billion under Make in India

Ø Prime Minister Narendra Modi on Saturday received a boost to his ‘Make in India’ initiative when aircraft manufacturer Airbus disclosed plans to raise its Indian outsourcing to $2 billion and its keenness to manufacture in India. On day two of his France visit, Mr. Modi became the first Indian Prime Minister to visit the World War I memorial in the northern city of Lille to pay homage to 10,000 Indian soldiers who died fighting Germany alongside France in the war between 1914-18.

Ø The Indian pharmaceutical sector would soon be showcasing ‘candidate drugs’ for malaria, osteoporosis and diabetes, Union Minister for Science and Technology and Earth Sciences Harsh Vardhan said. With further R&D, important breakthroughs could be on the horizon for these diseases, he said following a visit to the Central Drug Research Institute (CDRI), Lucknow, a wing of the Council of Scientific and Industrial Research (CSIR). Addressing scientists, he said Prime Minister Narendra Modi was committed to making India one of the world’s leading destinations for end-to-end drug discovery and innovation by 2020. 

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