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India extends auto PLI Scheme, boosts budget to Rs 25,938 Crore

The PLI scheme provides financial incentives to promote investments in the automotive manufacturing sector and enhance domestic production of Advanced Automotive Technology (AAT) products.Read more

Adding new dimension to manufacturing

When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more

RoDTEP Scheme Extended to E-Commerce Exports for Boost in Trade Benefits

Implemented three years ago, the RoDTEP scheme involves refunding non-creditable central, state, and local levies embedded in the inputs paid by exporters.Read more

MSME Minister unveils 3 innovative schemes within existing RAMP program

The first sub-scheme, MSE GIFT Scheme, second sub-scheme is MSE SPICE Scheme, and third sub-scheme, MSE Scheme on Online Dispute Resolution for Delayed Payments.Read more

PM-ebus Seva: Ambitious Plan to Boost E-Bus Adoption despite challenges

The Crisil Ratings report emphasises the government's commitment to overall decarbonisation, with a primary emphasis on public transport as a key facilitator.Read more

Govt set to end electric 2W subsidies as FAME III scheme nears conclusion

The reduction in government subsidies for electric vehicles has led to a decline in the sales of electric two-wheelers, though there are indications of sales stabilising.Read more

Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors

It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more

Apple's 'Make in India' triumph, exceeds Rs 600 bn iPhone assembly target in FY24 Q1

The data is sourced from reports submitted by the three key vendors—Foxconn, Pegatron, and the recently acquired Wistron by the Tatas—to both the central and state governments.Read more

Govt officials laud PLI Scheme success across industries, DPDP rules finalised soon

Secretary S Krishnan announced that the Digital Personal Data Protection (DPDP) rules would be finalized in a few weeks, emphasizing that the DPDP Act strikes a balance between regulation and the security of personal data, fostering innovation.Read more

Capturing the current status of the PM Gati Shakti scheme

Prime Minister Gati Shakti Scheme (PMGSS) has given a boost to Indian transportation system. Railways, roads and air travel, each sector has seen a swift shift with the initiatives and implementation.Read more

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