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Govt reopens application window for PLI scheme for AC & LED light manufacturing
This application period will run from July 15, 2024, to October 12, 2024, in response to increased industry interest.Read more
TDF schemes to encourage 'Aatmanirbharta' in public & private defence industries
So far, 77 projects have been sanctioned to various industries, with a commitment of over Rs 3 billion.Read more
The MoRD and MoMSME join hands to empower Lakhpati Didis through several schemes
The SoI will strengthen the partnership between the two ministries to support and elevate SHG Didis in entrepreneurship, leveraging MoMSME's flagship initiatives such as Yeshaswini- Apna Udyam, Apni Pehchaan, Udyam Assist, etc.Read more
Ashok Leyland unveils vehicle disposal facility & platform for old vehicles
The Hinduja flagship is also developing a digital platform named Re.AL for the used vehicle business.Read more
60 pharma firms enrol under Centre’s scheme to upgrade manufacturing facilities
The scheme gives preference to micro, small and medium enterprises (MSMEs), supporting smaller players achieve high standards.Read more
Altair inks pact to buy Metrics Design Automation Inc.
The DSim, combined with Altair’s silicon debug tools, will deliver superior simulation and debug capabilities in the EDA and semiconductor space.Read more
Interest subsidy scheme for exporters extended 2 months for MSME sector
The two-month continuation of the scheme for the MSME sector comes with an outlay cap of Rs 7.5 billion, while all other terms and conditions remain the same.Read more
US tariffs on China causing container and space shortages; India scrambles
US tariffs on Chinese goods come into effect from August 1.Read more
Under PLI scheme at least six of eight sectors to switch to quarterly disbursals
DPIIT is planning to hold the next stakeholder review after the budget announcement for 2024-25.Read more
How to build India’s global manufacturing capabilities?
The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.Read more
