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Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles
Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more
Indian govt mulls wearable production incentives to boost local manufacturing
The Indian government is considering the implementation of a Production-Linked Incentive (PLI) program aimed at wearable technology, which includes hearing devices, in order to stimulate local production by both domestic and international companies.Read more
TotalEnergies to invest $300 mn in Adani Green Energy JV for 1 GW RE facility
The focus of the JV will be on the development of infrastructure related to renewable energy, particularly in the domains of solar and wind energy.Read more
Indian govt develops Rs 120 bn PLI scheme for heavy machinery in mining, construction
Ministry of Heavy Industries is presently soliciting input from the industry regarding the scheme's product scope, implementation strategy, and the extent of incentives it should offer.Read more
Olectra Greentech doubles electric bus production, eyes 9,000 orders
Olectra Greentech aims to broaden its product portfolio by venturing into the manufacturing of electric tippers.Read more
First Solar commences production at Indian Plant with $684 mn investment
The American company, First Solar that is establishing its inaugural manufacturing facility in India near Chennai, at Sriperumbudur, has initiated production.Read more
Rs 4,500 crore plan for uninterrupted electricity in Thane district
Union Minister Kapil Patil disclosed that the plan was thoroughly discussed during a district electricity committee meeting.Read more
Indian govt removes mandatory human safety tests for EV Batteries
According to the latest guidelines issued by the Ministry of Heavy Industries, adherence to the prevailing EV battery testing standards established by MoRTH is now the sole requirement for availing incentives.Read more
Indian industries concern over EU Carbon tax data demands
This issue was raised during a meeting convened by the Ministry of Commerce on September 6, where government representatives discussed the challenges associated with the European Union's implementation of a carbon tax.Read more
Govt extends Automotive PLI Scheme, aims for accelerated implementation
While delivering the keynote address at the review meeting, Mahendra Nath Pandey, Union Heavy Industries Minister urged the industry to provide feedback and engage in collaborative efforts to shape the policies, procedures, and overall effectiveness of the PLI scheme.Read more