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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   


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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   


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Bolster manufacturing sector, consumption this budget: PHDCCI to FinMin

Finance Minister Nirmala Sitharaman initiated pre-budget consultations for Union Budget 2024 on 19t…

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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…

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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   


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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, …

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"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   


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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   


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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…

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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…

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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…

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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…

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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…

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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   


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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…

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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…

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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   


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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…

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Indian semiconductor component market is expected to record a cumulative revenue of $300 billion by 2026

India's semiconductor component market is likel to reach $300 billion in cumulative revenues by 202…

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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…