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India's telecom equipment manufacturing sales cross ₹50,000 crore under PLI scheme
According to a press release by the Ministry of Communication, this accomplishment reflects the suc…
ANI
Cabinet approves one more semiconductor unit in Gujarat, to be India's fifth
With the objective to develop a vibrant semiconductor ecosystem, the Union Cabinet chaired by Prime…
ANI
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…
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
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…
Government announces ₹12,000 crore PLI scheme for telecom sector
The Cabinet has approved production-linked incentive (PLI) scheme for telecom equipment manufact…
PTI
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…
This telecom equipment maker is up six fold in one year while waiting for production linked incentives
With increasing demand for internet services and growing trend in data consumption, Tejas Networks,…
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…
Indian government wants its IT hardware industry to be as globally successful as TCS, HCL Tech and Infosys — announces PLI scheme worth ₹7,250 crore
The Indian government’s aim is to make Indian IT hardware as successful as Indian IT services — whi…
Indian government approves the Production Linked Incentive scheme for 10 sectors worth ₹2 lakh crore
The total outlay has been pegged at Rs 1,45,980 crore. Announcing the decision, Union Finance Mi…
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…
India wants to beat China at mobile manufacturing by expanding PLI schemes to more sectors
"We wanted India to become the second largest mobile manufacturer in the world. Now I am pushin…
PTI
An investment of ₹10,000 in HFCL stock in March last year is worth ₹60,000 now
While the pandemic slowed business for sectors like aviation, automobile, and hospitality, some sec…
Apple vendors, Samsung, others line up with ₹11-lakh cr mobile phone mfg proposals: Prasad
The minister said these proposals under the government's Rs 41,000-crore production-linked ince…
PTI
Atmanirbhar Bharat, manufacturing and healthcare may be central themes in India's budget for next year
Manufacturing industry is expected to get a big push in the Union Budget 2021-22 as the country foc…
Inside India’s ₹50,000 crore scheme to woo electronics manufacturing including smartphones
The Indian government has unveiled a ₹50,000 crore scheme to bring electronics manufacturing to the…
Cabinet approves schemes to boost electronics mfg with Rs 48,000 cr incentives
"The National Policy for Electronics 2019 envisions India to reach a mobile phone production of USD…
PTI
FDI inflows likely to rise in 2024 as India remains 'preferred investment destination
Foreign direct investments into India is likely to gather momentum in 2024 as healthy macroecono…
PTI
As road & rail projects gather steam, cap good companies set for a decadal growth opportunity
India is building more roads, expanding railways and defence orders are trickling in. That’s good n…