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Budget 2024: Leather, footwear exporters seek PLI scheme to boost jobs
PLI will provide a major fillip to the domestic and overseas investments in capacity modernisation …
PTI
Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings
In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…
ANI
Union budget 2024-25 : When will it be presented, what to expect and more
Finance minister Nirmala Sitharaman is expected to present the first full-fledged union budget unde…
Bolster manufacturing sector, consumption this budget: PHDCCI to FinMin
Finance Minister Nirmala Sitharaman initiated pre-budget consultations for Union Budget 2024 on 19t…
India's EV landscape set to be transformed with key govt initiatives: Industry experts
The rise in Electric Vehicle (EV) battery manufacturing, alongside the 'Make in India' initiative, …
India's pharma exports rise 10% to $27.9 bn in FY24
In 2022-23, the exports stood at USD 25.4 billion. The top five export markets, for the sect…
PTI
"27 companies have been approved for PLI": Ashwini Vaishnaw on India's IT hardware revolution
Vaishnaw said, "As you're aware, a few months back, PM Modi approved the Production Linked Incentiv…
ANI
Indian govt to consider PLI scheme for chemicals and petrochemicals industry
Finance Minister Nirmala Sitharaman on Thursday said the government will consider the Production …
PTI
Centre launches IT hardware PLI 2.0 with ₹17,000 crore outlay
The Centre on Wednesday approved an updated production linked incentive (PLI) scheme for IT hardwar…
Air conditioner market set grow on the back of government’s PLI scheme
The Indian room air conditioner (RAC) market is expected to grow by 15-20% in FY24. The industry vo…
Govt will soon launch new PLI scheme for IT hardware: Union minister
The Central government will soon launch an information technology server and IT hardware production…
PTI
US offer to help India in chip manufacturing just lip service: China
As the US and India join hands to address semiconductors supply chain challenges, the Joe Biden gov…
PLI, tax exemptions and financial support from government: Budget wishlist of space sector
According to ISpA's Director General, Lt. Gen. AK Bhatt (Retd.), the suggestions/wishlist were r…
India projected to become world’s third largest economy overtaking Japan and Germany: S&P
India’s real GDP is expected to grow at a pace of 6.3% annually between FY2021-30 – more than the g…
India is reportedly in talks with TSMC, Intel and other semiconductor giants to set up local production plants in the country
In a bid to push the semiconductor industry, which is in nascent stages, the Indian government is w…
Adani JV and IdeaForge among 14 firms shortlisted as beneficiaries for drone PLI scheme
Under the PLI scheme that was announced last year, the incentive for a manufacturer of drones and d…
PTI
Govt approves PLI scheme for making drones with outlay of Rs 120 cr, comes out with norms
The government has approved the production-linked incentive (PLI) scheme for drones and drone compo…
ANI
India makes a $10 billion bet to woo chip makers at home
China Plus One refers to reducing dependency on supply chains only in China, and diversifying bu…
Nokia, Foxconn among global firms to benefit from India's telecom PLI scheme of ₹3,345 crore
"The investment of Rs 3,345 crore in the next 4.5 years is just a beginning. Government is helpi…
PTI
India is likely to promote UPI, Rupay to de-risk itself, says Motilal Oswal report
While the current crisis has directly/indirectly impacted most of the sectors from a demand/su…