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PLI scheme to benefit Indian MSMEs: PM Narendra Modi

Production worth about $ 520 billion is estimated in the next five years in India only through the Production-Linked Incentives (PLI) scheme with the entire ecosystem associated with the sector benefiting from the scheme, said the Prime MinisterRead more

Budget 2021's focus on economic revival to increase demand for automobiles

While voluntary vehicle scrapping policy, augmenting public transport system, etc were positives of the Budget 2021-22, some feel that increasing duties on auto components would increase production cost.Read more

ICRA lauds CBEC policy revision for CFS/ICD/AFS to address overcapacity concerns

The revised policy for setting up CFS/ICD/AFS tries to address the issues of geographical disparity and concentration and aims to align future developments with projects like rail freight corridor and inland waterways.Read more

With Scrappage Policy auto industry can revive faster

The Covid 19 pandemic is having enormous effects globally. The global economy has been hit hard, even worse than the Great Depression in 1930. Read more

Ashok Leyland suggests policy intervention on Aatmanirbhar Bharat package

Commercial Vehicles have been majorly hit, owing to pressure from a prolonged slowdown and from this unprecedented pandemic.Read more

ACMA welcomes new MSME definition and infusion of liquidity

The new package is expected to give a big boost to the MSME sector, which has been under severe stress.Read more

Amid coronavirus pandemic Foreign Trade Policy extended for one year

Exemption from payment of IGST and Compensation Cess on the imports made under Advance/EPCG Authorisations and by EOUs etc has been extended up to March 31, 2021Read more

BPE showcases Data Center solutions at Emerging Tech Forum

The company showcased Data Cube series that includes three solutions IDU (Integrated Data Centre Unit), IDM (Integrated Data Centre Modular), IDR (Integrated Data Centre Room).Read more

[Budget 2020] FM announces new smart meters scheme; allocates Rs 22,000 crore to power and renewable sector

Smart meters scheme, which is aimed at reducing financial stress of Discoms, will help companies like Secure Meters, HPL Electric & Power Ltd, etcRead more

[Budget 2020] FM announces scheme to boost domestic manufacturing of electronic goods

Aim is to reduce reliance on Chinese imports of electronic components. FM also allocated Rs 8,000 cr for setting up National Mission on Quantum Computing to compete with US and China in this new field Read more

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