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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
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…
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
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…
Tax cuts, extension of PLI scheme will benefit consumer durables industry
Increase in customs duty on certain inputs may increase India production. Any additional levy …
Checkout chip makers’ stocks that surged on PLI scheme; industry leaders feel the move will make India self-reliant
Finally, some of the semiconductor shortage will hopefully ease after the Indian government announc…
Government announces ₹12,000 crore PLI scheme for telecom sector
The Cabinet has approved production-linked incentive (PLI) scheme for telecom equipment manufact…
PTI
Sensex tops 59,000 mark, Telecom stocks soar
India's key stock indices rose during mid-afternoon trade session on Thursday to reach new intra-da…
Alok Industries, Arvind, Deepak Spinners, Trident gain on PLI for textiles sector, analysts expect the rally to continue
A few textile company stocks gained on Wednesday as investors cheered the government’s approval for…
Union Cabinet approves PLI scheme worth ₹10,683 crore for textiles
Under the scheme incentives worth ₹10,683 crore will be provided over five years. The gover…
Electric two wheeler sales volume in India expected to reach 22 million by 2030, says Redseer report
The electric two-wheeler sales volume in India is expected to reach 22 million by 2030, according t…
The time for PLI 2.0 is now: Budget 2023-24 needs to deliver if India is to become the factory of the world
The Production-Linked Incentive (PLI) scheme announced by the government of India in March 2020, st…
Government approves ₹26,058 crore PLI scheme for auto and drone industries
The ₹26,058 crore will be divided between the auto sector and the drone industry out of which …
India approves PLI scheme worth ₹10,900 crore in the food processing industry – FMCG stocks celebrate the news
“This will benefit farmers; this is a fitting tribute to 'Annadatas' (food providers), who despi…
Auto stocks turn outliers in a weak market as government approves 75 auto firms for PLI scheme
About 75 auto component makers have been approved by the government for incentive under the product…
A playbook for Budget 2021 to boost electronics manufacturing in India
In line with its Atmanirbhar Bharat (self-reliant India) campaign, the Indian government has put ma…
Union Cabinet approves ₹6,322 crore PLI scheme to boost the steel manufacturing industry
In a major development for the country's steel sector, the Union Cabinet on Thursday approved a pro…