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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

Rs 180 bn PLI Scheme for battery making to bring down EV cost

The implementation of the PLI Scheme 'National Programme on Advanced Chemistry Cell Battery Storage’ will bring down the cost of electric vehicles and boost green growth.Read more

Vikram Handa: Epsilon to scale-up graphite anode material capacity to 37,000 TPA

In this interview with Rakesh Rao, Vikram Handa, Managing Director, Epsilon Carbon, delves into nitty-gritties of lithium-ion battery (LiB) market, role of graphite anode materials and the company’s growth plans. Read more

PLI Scheme to make India’s AC component production more cost competitive: Ind-Ra

Due to PLI Scheme, the cost of manufacturing in India could be cheaper in the range of 8%-12%, depending on the AC component, Sanjuta Goel, Analyst, India Ratings and Research (Ind-Ra).Read more

Cabinet approves PLI Scheme for Air Conditioners & LED Lights

Different segments have been earmarked for different types of components separately to specifically target global investments into desired areas.Read more

Centre gives nod to Rs 4500 cr PLI scheme for Solar PV modules

The scheme aims to create additional 10,000 MW capacity of integrated solar PV manufacturing plants. It is expected to drive direct investment of around Rs 17,200 crore in solar PV manufacturing.Read more

PLI scheme to benefit Indian MSMEs: PM Narendra Modi

Production worth about $ 520 billion is estimated in the next five years in India only through the Production-Linked Incentives (PLI) scheme with the entire ecosystem associated with the sector benefiting from the scheme, said the Prime MinisterRead more

Time to invest and build capacity

As per the data released recently, the manufacturing and construction sectors grew by 1.6 per cent and 7.7 per cent, respectively, during the December quarter. However, core sector data showed growth in eight infrastructure sectors slowing down to 0.1 per cent in January from 0.2 per cent in the previous month.Read more

PLI scheme for bulk drugs and medical devices receives 243 applications

Production Linked Incentive (PLI) Scheme for bulk drugs and medical devices, which closed on 30 November 2020, received 215 and 28 applications from manufacturers of bulk drugs and medical devices respectivelyRead more

FIEO welcomes govt. approval on PLI Scheme to attract FDI

Apart from boosting MSME sector, the Scheme will further help in enhancing the skill sets generating employment opportunities across the country during such challenging and tiring times.Read more

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