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HP pursues Indian PC manufacturing growth through PLI 2.0

To bolster PLI 2.0, the government has implemented restrictions on the import of IT hardware, requiring OEMs to apply for licenses before importing.Read more

IPF’s 3i Expo webinar: Aatmanirbharta through manufacturing excellence

Industrial Products Finder (IPF) hosted a virtual panel discussion on the topic of 'Aatmanirbharta Through Manufacturing Excellence' as part of the 3i EXPO 2023 webinar series. The session discussed the challenges and potential of the Indian manufacturing sector to be self-reliant in coming years. Read more

Godrej Tooling increases 10% investment YoY on R&D focusing EVs

In this interview with Rakesh Rao, Pankaj Abhyankar, Senior Vice President and Business Head, Godrej Tooling, explains new opportunities for component makers in automotives, especially in electric vehicles, and how his company is supporting the growth of this industry.Read more

Indian Govt approves 75 auto component makers for incentives under PLI Scheme

Ninety two auto component manufacturers had applied for the scheme, which has sanctioned outlay of Rs 26,000 crores for the automotive sectorRead more

New govt incentives to boost semiconductor manufacturing

The proposed incentives are worth Rs 760 billion over the next six years and provides 25% incentives on capital expenditure for establishing unit of Compound Semiconductor Wafer Fabrication (FAB), assembly, testing, and packaging facility in the country.Read more

Indian Govt to offer Rs 760 bn incentives for semiconductor industry

In total, Government of India has committed support of Rs 2.30 trillion ($ 30 billion) to position India as global hub for electronics manufacturing with semiconductors as the foundational building block.Read more

Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn

10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more

Budget 2019-20: Indian machine tools industry seeks incentives to raise competitiveness

The apex machine tool association IMTMA wants policy initiatives and fiscal incentives to improve export share to 20 per cent and domestic market share to 67 per centRead more

SME technology companies should get tax incentives

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Delta unveils new rewards program to provide incentives for partners

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