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PLI scheme: The way forward

The Rs 2.71 trillion Production-Linked Incentive (PLI) schemes, rolled out to promote the economic development of various sectors, have faced multiple implementation challenges. Bhavesh Thakkar summarises such challenges and also presents the way forward.Read more

PHDCCI report recommend schemes for 75 potential export products

PHDCCI report recommend schemes for 75 potential export productsRead more

Govt mulls revised telecom incentive scheme as companies struggle to meet targets

The updated scheme is anticipated to extend eligibility for incentives to some new telecom networking products.Read more

Ministry of Heavy Industries champions localisation for global manufacturing hub

The Union Minister underscored the pivotal role of high-quality and advanced localisation in positioning India as a prominent global supplier.Read more

Probe initiated: Electric 2W makers face scrutiny for alleged FAME-II norm violations

The findings of the investigation are anticipated within a month, and corrective actions will be taken accordingly, potentially involving individuals and system improvements.Read more

India aims for $1 trillion exports by 2030, focus on electronics, RE, EVs

The surge is attributed to the export of Samsung and Apple phones, with smartphone exports reaching $10.9 billion in FY 23, marking an 88.9% increase from April to August.Read more

India approves 27 firms for in IT Hardware Manufacturing Boost

Giants such as Dell, HP, Flextronics, and Foxconn includes under the production-linked incentive (PLI) scheme for IT hardware.Read more

Tata Group explores Land for Semiconductor ATMP Unit

Instead of immediately setting up a full-fledged fabrication plant, the Tata Group plans to concentrate on the ATMP unit for the near term.Read more

India plans sector-specific revisions to boost utilisation of $24 bn industrial incentives

Proposed modifications are targeted at the textiles, pharmaceuticals, drones, solar, and food processing industries, constituting nearly one-third of the PLI scheme.Read more

India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025

According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more

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