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2 mins read
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
2 mins read
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
2 mins read
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…
2 mins read
Bolster manufacturing sector, consumption this budget: PHDCCI to FinMin
Finance Minister Nirmala Sitharaman initiated pre-budget consultations for Union Budget 2024 on 19t…
1 min read
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, …
1 min read
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
2 mins read
"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
2 mins read
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
2 mins read
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…
2 mins read
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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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
2 mins read
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…
1 min read
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…
3 mins read
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…
2 mins read
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…
2 mins read
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
3 mins read
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
2 mins read
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…
1 min read
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
2 mins read
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…