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MIISP 2025 Strengthens MSME Incentives and Investment in Maharashtra
On 31 December 31, 2025, the state government issued new industrial policy - Maharashtra Industries, Investment & Services Policy 2025 (MIISP 2025). This article aims to decode the benefits of this policy to micro, small and medium enterprises (MSMEs) and how it can strengthen the manufacturing ecosystem in the state.Read more
RoDTEP Benefits Halved Amid Slowing Exports, Budget Cut
Government halves RoDTEP rates and cuts FY27 allocation, raising exporter concerns amid flat January exports and a widening trade deficit.Read more
Government to launch Green Steel Mission with policy and incentives
This initiative comes as global pressure mounts on countries to reduce their carbon footprint in manufacturing. Read more
India’s Top 100 Engineering Companies
Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more
FAME -II to focus on consumer aid than direct incentives to EV manufacturers
Launched in 2019 with an initial budget of Rs 100 billion, and later supplemented with an additional Rs 15 billion, the FAME II scheme aims to accelerate electric vehicle adoption in India. Read more
EV industry wants incentives and tax rationalisation from budget
India's EV industry is hoping for the introduction of the FAME- III scheme, allocation of funds for public charging infrastructure, incentives for localising components, and a reduction in GST on EVs.Read more
Zoho plans $700 million foray into chip manufacturing; compound semiconductors
Semiconductors occupy a pivotal position in India's economic agenda, with the government implementing a $10 billion package to fortify the industry's capabilities, positioning the nation to rival established players like Taiwan in the coming years.Read more
India's Smartphone exports to US reach $3.53 billion in Apr-Dec fiscal
The rise in exports have resulted in India becoming the third-largest smartphone exporter to the USRead more
India's electronics exports soar over 22%, fuelled by iPhone Surge and Production Incentives
Between April and December 2023, mobile phone exports constituted 52% of the total electronics exports, reaching $10.5 billion.Read more
9 firms secure incentives for 4.5 LT of Green Hydrogen Production in India
Reliance Green Hydrogen and Green Chemicals have been chosen to receive incentives for producing 90,000 tonnes of green hydrogen at a three-year average rate of Rs 18.9 per kg.Read more