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Industrial investments in India to rise 30% in FY22-24: CRISIL

Without PLI scheme, capex would have likely taken nearly two years to touch pre-pandemic levels, says CRISIL Research. PLI holds the potential to generate Rs 2.2 lakh crore worth of capex over the scheme period (3-4 years).Read more

Govt extends Credit Guarantee Scheme for Subordinate Debt till March 2022

The scheme - launched on June 24, 2020 to provide credit facility through lending institutions to the promoters of stressed MSMEs - was to end on September 30, 2021. Read more

Seize the export opportunity

The Government of India has set an ambitious target of reaching $ 400 billion in exports for the current year. With India achieving nearly a third of its annual target in the first four months of 2021-22, $ 400 billion seems to be within the reach. Read more

Optiemus Electronics partners with Wistron for making electronic products

OEL will invest Rs 13.5 billion in the next three to five years to increase its plants capacity. It intends to reach revenues of Rs 380 billion within the next three to five years in multiple product segments.Read more

Nitin Kunkolienker: Time has come for Indians to look beyond China

In this interview with Rakesh Rao, Nitin Kunkolienker, President, MAIT, explains how combining scale with design-centric approach can open up a lot of opportunities for India in electronics manufacturing.Read more

L&T Construction wins significant orders for various businesses

Businesses such as Power Transmission & Distribution and Buildings & Factories have been awarded contracts. The projects are in India and abroad in places like Dolvi, Ladakh, Ayodhya, Dubai, Africa, and Thailand.Read more

Dr Sreeram Srinivasan: Covid 19 is not a cause for chip shortage

In this exclusive interview with Rakesh Rao, Dr Sreeram Srinivasan, CEO of Syrma Technology, explains the reasons behind the current chip supply crisis and also shares his growth plans for Syrma Technology.Read more

RBI extends Interest Subvention Scheme till Sept 30

This timely extension will provide competitive rates for exports and bring it near international benchmarks particularly for MSMEs.Read more

Indian govt announces Rs 6.3 trillion relief package to fight second Covid wave

FM extends tenure of PLI scheme for large scale electronics manufacturing till 2025-26. Announces credit guarantee scheme to facilitate loans to 25 lakh persons through Micro Finance Institutions (MFIs).Read more

Niti Aayog CEO says Indian companies must become globally competitive

Amitabh Kant, CEO, Niti Aayog urged Indian companies to become globally competitive instead of promoting protectionism and complaining about imports via Free Trade Agreements (FTAs).Read more

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