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Investment of Rs 8282 crore done under PLI Scheme for electronic manufacturing: Electronics and IT Minister

This was conveyed to the Lok Sabha by the Minister of State for Electronics and Information Technol…

ANI   


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3 mins read

Budget 2024 expectations – PLI scheme to GST reduction, budget expectations from the tech industry

The Budget 2024 is set to be tabled on July 23 by the finance minister Nirmala Sitharaman and like …

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3 mins read

India's trade deficit expected to decline further: Economic Survey

The Survey said that though ongoing geopolitical headwinds impacted India's merchandise exports, lo…

PTI   


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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   


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Production Linked Incentive scheme for drones to kickstart industry, not permanent subsidy: Piyush Goyal

The Production-Linked Incentive (PLI) Scheme for drones and drone components is a Kickstarter for t…

ANI   


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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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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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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   


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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, …

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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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3 mins read

Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry

The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…

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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   


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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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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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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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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…