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Govt reopens application window for PLI scheme for AC & LED light manufacturing

This application period will run from July 15, 2024, to October 12, 2024, in response to increased industry interest.Read more

Under PLI scheme at least six of eight sectors to switch to quarterly disbursals

DPIIT is planning to hold the next stakeholder review after the budget announcement for 2024-25.Read more

How to build India’s global manufacturing capabilities?

The Indian manufacturing sector stands at a critical juncture, with several opportunities arising from global shifts and local initiatives. But to take advantage of this evolving market, Indian manufacturers have to raise their global competitiveness, says Rakesh Rao.Read more

Manufacturing Agenda for Modi 3.0

As Prime Minister Narendra Modi assumes office for the third term, his immediate priority will be to step up GDP growth and job creation. While the coalition government may not be able to take progressive reforms, the industry expects continuity in the policy process, says Rakesh Rao. But, will it be enough to change the manufacturing sector’s fortunes?Read more

Electronic companies seek Rs 300 billion PLI scheme

The scheme aims to elevate domestic value addition in mobile phone manufacturing to 35-40%.Read more

Manufacturing expected to be a key driver of expansion in India; OPEC

Consumer confidence rose to 98.5 in March from 95.1 in January, driven partly by the on-going election cycle, expected to bolster spending, particularly in rural areasRead more

Hamza Arsiwala: AI & smart metering are changing the dynamics in power sector

In this interview with Manish Pant, Hamza Arsiwala, President of IEEMA, gives a sense of the paradigm shifts taking place in the country’s power sector. Read more

Budgeting for growth?

The interim budget 2024-25, announced by Union Finance Minister Nirmala Sitharaman on February 1, 2024, has allocated Rs 11.11 trillion as capital expenditure (capex) for the next financial year – which is 3.4 per cent of the GDP and 11.1 per cent more than the planned capex of Rs 10 trillion for FY24.Read more

Indian Oil Corp, Panasonic forge partnership for Li-ion battery manufacturing

The Indian government has taken steps to promote battery manufacturing by approving the PLI Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage,' with a budgetary outlay of Rs 18,100 crore.Read more

Govt's PLI Scheme Spurs Rs 1.03 tn investment, exceeds Rs 3.20 tn in exports

As of now, companies participating in the scheme have received incentive disbursements totaling Rs 4,415 crore, compared to the Rs 1,541 crore disbursed by September.Read more

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